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Honda Trading Asia Company Ltd. Vs. DCIT

Case No: ITA No. 4936/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL DELHI (DELHI BENCH ‘H’ NEW DELHI)
Date: 1/28/2026

Parties Involved

appellantHonda Trading Asia Company Ltd.
respondentDeputy Director/Assistant Director/Deputy Commissioner of Income Tax (International Taxation), Noida

Facts Summary

The case involves an appeal filed by Honda Trading Asia Company Ltd. against the Final Assessment Order passed by the Assessing Officer under Section 143(3) read with Section 144C(13) and Section 144B of the Income Tax Act, 1961, dated 30/08/2024 for the Assessment Year 2020-21. The appellant contends that the Final Assessment Order is time-barred and bad in law as it was passed beyond the time frame prescribed under Section 153(1) read with Section 153(4) of the Act. The respondent argues that

Decision in favour of

Assessee

Legal Issues

  • 1. Whether the Final Assessment Order dated 30/08/2024 is time-barred under Section 153(1) read with Section 153(4) of the Income Tax Act, 1961.

Precedents Relied Upon

6 precedents cited in this judgement.

Judgment Outcome

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