{"id":6856,"date":"2019-08-27T05:06:20","date_gmt":"2019-08-27T05:06:20","guid":{"rendered":"http:\/\/itatonline.org\/digest\/getd-india-ltd-v-dcit-2019-414-itr-727-madhc\/"},"modified":"2019-09-22T09:45:16","modified_gmt":"2019-09-22T09:45:16","slug":"getd-india-ltd-v-dcit-2019-414-itr-727-madhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/getd-india-ltd-v-dcit-2019-414-itr-727-madhc\/","title":{"rendered":"GET&#038;D India Ltd.  v. DCIT  (2019)  414 ITR 727\/\/180 DTR 234 \/ 309 CTR 516 (Mad)(HC)"},"content":{"rendered":"<p>Court held that when an assessment or reassessment is set aside or cancelled, pursuant to an order under section\u00a0263\u00a0, the consequent fresh assessment can only be made, before the expiry of two years from the end of the financial year in which the order under section\u00a0263\u00a0was and not after that. When such assessment or reassessment or recomputation is made for the purpose of giving effect to any finding or direction in the order under section\u00a0263\u00a0, it can be completed, at any time. However though no limitation is prescribed the order should be passed within reasonable time , delay of eight and half years is held to be not valid in law . The order should be passed within reasonable time . <span lang=\"EN-GB\">(WP No . 2664 of 2013 dt 27-03 2019 )\u00a0<\/span>(AY.1990 -91)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153 : Assessment \u2013 Reassessment \u2013 Limitation \u2013Revision- When an is set aside or cancelled -Fresh assessment can be made only before expiry of two years from the end of the financial year in which the order u\/s 263 was passed &#8211; Order giving effect-Though no limitation is prescribed the order should be passed within reasonable time &#8211;  Delay of eight and half years is held to be not valid in law .[ S.263 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6856","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1MA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=6856"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6856\/revisions"}],"predecessor-version":[{"id":7293,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6856\/revisions\/7293"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}