Relief for Bennet Coleman: ITAT quashes Assessment Order u/s 153 as NFAC delays digital signature beyond statutory deadline

The ITAT quashed an assessment order passed under Section 153 due to the delay by the National Faceless Assessment Centre (NFAC) in applying the digital signature, which exceeded the statutory deadline. The Tribunal emphasized the importance of adhering to statutory deadlines, especially in faceless assessments, to avoid procedural lapses.