https://www.taxtmi.com/caselaws?id=62025 The Tribunal upheld the CIT(Appeals)' decision, canceling the assessment as time-barred for the year 1995-96. The extension of time for filing the audit report was deemed invalid as it was requested by auditors, not the assessee. The amended provisions of section 153 were found applicable, limiting the exclusion period. The assessment order under section 143(3) was invalidated due to the time-bar issue. The Tribunal dismissed the Revenue's appeal and the assessee's cross-objection, maintaining the validity of the initial return processed under section 143(1)(a). en-us Fri, 31 Jan 2003 00:00:00 +0530 Mon, 17 Jan 2011 17:16:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62025 The Tribunal upheld the CIT(Appeals)' decision, canceling the assessment as time-barred for the year 1995-96. The extension of time for filing the audit report was deemed invalid as it was requested by auditors, not the assessee. The amended provisions of section 153 were found applicable, limiting the exclusion period. The assessment order under section 143(3) was invalidated due to the time-bar issue. The Tribunal dismissed the Revenue's appeal and the assessee's cross-objection, maintaining the validity of the initial return processed under section 143(1)(a). Case-Laws Income Tax Fri, 31 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62025