Relief to Huawei: Delhi HC Rules AY 2013-14 Assessment Time-Barred Due to Inaction After ITAT’s Remand

The Delhi High Court has granted relief to Huawei by ruling that its assessment for the year 2013-14 was time-barred due to the inaction of tax authorities following the ITAT’s remand. The court held that the tax authorities failed to take timely action after the ITAT’s remand order, resulting in the assessment being beyond the statutory time limits. The ruling underscores the need for tax authorities to adhere to prescribed timelines and fulfill their obligations promptly. This judgment provides clarity on the time limits for tax assessments and reinforces the importance of timely action in tax matters.