https://www.taxtmi.com/caselaws?id=65061 The Tribunal held that the assessment made by the WTO for the assessment year 1972-73 was time-barred as it was completed after the statutory time limit. The proceedings under section 17 were deemed invalid, and the assessment order passed in 1985 was held to be vitiated. The decision emphasizes the importance of adhering to statutory timelines and procedural requirements in tax assessments to ensure fairness and legality. en-us Tue, 24 Feb 1987 00:00:00 +0530 Sat, 12 Feb 2011 11:03:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65061 The Tribunal held that the assessment made by the WTO for the assessment year 1972-73 was time-barred as it was completed after the statutory time limit. The proceedings under section 17 were deemed invalid, and the assessment order passed in 1985 was held to be vitiated. The decision emphasizes the importance of adhering to statutory timelines and procedural requirements in tax assessments to ensure fairness and legality. Case-Laws Wealth-tax Tue, 24 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65061