IN THE INCOME TAX APPELLATE TRIBUNAL DELHI (DELHI BENCH ‘H’ NEW DELHI)

BEFORE YOGESH KUMAR U.S., JUDICIAL MEMBER AND SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA No. 2564/DEL/2022 (A.Y. 2018-19)

ITA No. 2564/DEL/2022 (A.Y. 2018-19)

ITA No. 2564/DEL/2022 (A.Y. 2018-19)

ITA No. 2564/DEL/2022 (A.Y. 2018-19)

ITA No. 2564/DEL/2022 (A.Y. 2018-19)

ITA No. 2564/DEL/2022 (A.Y. 2018-19)

ITA No. 2564/DEL/2022 (A.Y. 2018-19) ITA No. 3953/DEL/2024 (A.Y. 2020-21)

ORDER PER YOGESH KUMAR, U.S. JM:

The captioned appeals are filed by the Assessees challenging the respective Final Assessment Orders 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 24/08/2022 pertaining to A.Y 2018-19 and 30/07/2024 pertaining to A.Y 2020-21.

2. The Assessees have raised Additional Ground in A.Y 2018-19 and Ground No. 2 in A.Y 2020-21 contending that the impugned Final Assessment orders dated 24/08/2022 pertaining to A.Y 2018-19 and 30/072/2024 pertaining to A.Y 2020-21are time barred by limitation and are bad in law, as the same have 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). The L