IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH, ‘H’: NEW DELHI BEFORE SHRI YOGESH KUMAR U.S., JUDICIAL MEMBER AND SHRI KRINWANT SAHAY, ACCOUNTNAT MEMBER ITA No.573/Del/2021 [Assessment Year: 2016-17]

[Assessment Year: 2016-17]

[Assessment Year: 2016-17]

[Assessment Year: 2016-17]

[Assessment Year: 2016-17]

[Assessment Year: 2016-17]

[Assessment Year: 2016-17]

[Assessment Year: 2016-17]

[Assessment Year: 2016-17]

Assessee by Shri Raj Kumar, CA &

Shri Suraj Gupta, Adv.

Revenue by Shri S.K. Jadhav, CIT-DR Date of Hearing 27.01.2026 Date of Pronouncement 28.01.2026

ORDER

PER KRINWANT SAHAY, AM, The captioned appeal is filed by the Assessee challenging the Final Assessment Order passed u/s 143(3) r.w.s. 144C(13) r.w. Section 144B of the Income Tax Act, 1961 (the Act in short) dated

26.03.2021 pertaining to the Assessment Year 2016-17.

2. The Assessee raised additional ground No.1 contending that the Final Assessment order dated 26.03.3021 passed by the A.O. is time barred by limitation and is bad in law, as it has been passed beyond the time frame prescribed under section 153(1) read with section

153(4) of the Income Tax Act, 1961 ('Act' for short).

3. We have heard both parties and have perused mat