GBT India Pvt. Ltd. vs. Assessment Unit
Case No: ITA No. 3438/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL DELHI (DELHI BENCH ‘H’ NEW DELHI)
Date: 1/23/2026
Parties Involved
appellantGBT India Private Limited
respondentAssessment Unit, Income Tax Department
Facts Summary
The captioned appeal is filed by GBT India Private Limited challenging the Final Assessment Order passed under Section 143(3) read with Section 144C(13) and Section 144B of the Income Tax Act, 1961 dated 28/05/2024 pertaining to the Assessment Year 2020-21. The Assessee raised Ground No. 2 contending that the Final Assessment order is time-barred by limitation and is bad in law, as it has been passed beyond the time frame prescribed under Section 153(1) read with Section 153(4) of the Income Tax…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the Final Assessment Order passed on 28/05/2024 is time-barred by limitation under Section 153(1) read with Section 153(4) of the Income Tax Act, 1961.
Precedents Relied Upon
3 precedents cited in this judgement.