Frontier Warehousing P. Ltd. vs. ACIT, Circle 7(1)
Case No: ITA No. 1795/KOL/2024
Court: Income Tax Appellate Tribunal, 'C' Bench, Kolkata
Date: 3/25/2025
Parties Involved
AppellantFrontier Warehousing P. Ltd.
RespondentACIT, Circle 7(1)
Facts Summary
This is an appeal preferred by Frontier Warehousing P. Ltd. against the order of the National Faceless Appeal Centre, Delhi for the Assessment Year 2015-16. The assessee raised several legal issues challenging the assessment order. The primary contentions were that the notice under section 148 of the Act was issued beyond the prescribed time limit, the assessment year 2015-16 was barred by limitation, and the reopening of the assessment was not in accordance with the provisions of the Act.…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the notice under section 148 of the Act was issued within the prescribed time limit.
- 2. Whether the assessment year 2015-16 is barred by limitation.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
7 precedents cited in this judgement.