Wabtec Locomotive Pvt. Ltd. Vs. DCIT
Case No: ITA No. 4207/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL DELHI (DELHI BENCH ‘H’ NEW DELHI)
Date: 1/23/2026
Parties Involved
appellantWabtec Locomotive Private Limited
respondentDeputy Commissioner of Income Tax
Facts Summary
The appeal is filed by Wabtec Locomotive 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 31/07/2024 pertaining to the Assessment Year 2020-21. The Assessee contends that the Final Assessment Order is time-barred by limitation and bad in law as it was passed beyond the time frame prescribed under Section 153(1) read with Section 153(4) of the Income Tax Act, 1961. The Assessee relies …
Decision in favour of
Assessee
Legal Issues
- 1. Whether the Final Assessment Order dated 31/07/2024 is time-barred by limitation under Section 153(1) read with Section 153(4) of the Income Tax Act, 1961.
Precedents Relied Upon
4 precedents cited in this judgement.