Relief for Bennet Coleman: ITAT quashes Assessment Order u/s 153 as NFAC delays digital signature beyond statutory deadline [Read Order]

Recognizing the assessment order was invalid due to delayed digital sign, ITAT quashed the order
By Kavi Priya - On October 4, 2024 1:12 pm - 2 mins read
Bennet Coleman - NFAC - National Faceless Assessment Centre - NFAC digital signature delay - taxscan

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the assessment order under Section 153 of the Income Tax Act due to the delayed digital sign of the National Faceless Assessment Centre ( NFAC ) beyond the statutory deadline. Bennett Coleman & Co. Ltd. (Appellant) challenged the validity of the assessment order…

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