XL India Business Services Private Limited Vs. the ACIT
Case No: ITA No. 4332/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL DELHI (DELHI BENCH ‘H’ NEW DELHI)
Date: 1/21/2026
Parties Involved
appellantXL India Business Services Private Limited
respondentThe Assistant Commissioner of Income Tax
Facts Summary
The case involves an appeal by XL India Business Services Private Limited against the Final Assessment Order passed by the Assistant Commissioner of Income Tax on 25th July 2024 for the Assessment Year 2020-21. The appellant contends that the order was passed after the due date prescribed under Section 153 of the Income Tax Act, 1961, and is therefore barred by limitation, invalid, and ought to be struck down. The appellant relies on the ratio laid down by the Hon'ble High Court of Madras in the…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the Final Assessment Order passed on 25th July 2024 is barred by limitation under Section 153 of the Income Tax Act, 1961.
Precedents Relied Upon
4 precedents cited in this judgement.