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![Assessment Beyond Limitation Period Barred u/s 153(2): ITAT Quashes Reassessment and Penalty Against Non-Resident [Read Order] Assessment Beyond Limitation Period Barred u/s 153(2): ITAT Quashes Reassessment and Penalty Against Non-Resident [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079341-assessment-tat-quashes-penalty-taxscan.webp)
Assessment Beyond Limitation Period Barred u/s 153(2): ITAT Quashes Reassessment and Penalty Against Non-Resident [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that where reassessment is not completed within the statutory time...