Home Concepts vs Deputy Commissioner of Income Tax, Central Circle-2
Case No: ITA No.2247/DEL/2024
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/2/2026
Parties Involved
appellantHome Concepts
respondentDeputy Commissioner of Income Tax, Central Circle-2
Facts Summary
The assessee, Home Concepts, filed an appeal against the order of the ld. CIT(A)-23, New Delhi. The assessment was framed by the Deputy Commissioner of Income Tax, Central Circle-2, New Delhi, for Assessment Year 2015-16 under section 153C r.w.s. 153A of the Income Tax Act, 1961. The assessee argued that the assessment is time-barred as the notice under section 153C was issued beyond the limitation period of six years. The search was conducted under section 132 of the Act, and the name of Home C…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the assessment framed under section 153C r.w.s. 153A is barred by limitation.
Precedents Relied Upon
2 precedents cited in this judgement.