Supreme Court Refers Question On Applicability Of S.153 To Proceeding U/S 144C Income Tax Act Regarding Limitation Period To Larger Bench
The Supreme Court has referred the question on applicability of Section 153 of the Income Tax Act, 1961 (ITA) to a proceeding under Section 144C of ITA namely whether the period of eleven months should be over and above the limitation prescribed, to a larger Bench. The Court was hearing Civil Appeals in which the…