Relief to Asus India: ITAT quashes Assessment Order passed u/s 144C (13) Income Tax Act due to barred by limitation [Read Order]

Relief to Asus India - Asus India - ITAT - assessment order - ITAT quashes assessment order - Income Tax Act - Income Tax Act due to barred by limitation - taxscan

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) while providing relief to Asus India quashed the assessment order passed under Section 144C (13) of Income Tax Act , 1961 due to brarred by the limitations. The assessee, Asus India Private Limited engaged in the business of distribution of Asus Group products in India…

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