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Bombay High Court Quashes Time-Barred Reassessment Order: “Violation of Limitation Period Under Section 153 Renders Order Void; Procedural Irregularities Highlighted”
Court’s Decision The `Bombay High Court` quashed the reassessment order passed by the Income Tax Department under Section 143(3) read with Sections 147 and 144B of the Income Tax Act.…
