https://www.taxtmi.com/caselaws?id=151687 The Appellate Tribunal ITAT Mumbai allowed the appeal by the assessee, finding the block assessment order invalid due to being passed beyond the time limit specified under section 158BE of the Income-tax Act, 1961. The Tribunal held that the audit conducted under section 142(2A) lacked legal sanctity as it was initiated by the ADI, not the Assessing Officer as required by law. Consequently, the assessment order was deemed improper, and the appeal was allowed solely on jurisdictional grounds, without addressing other merits raised by the assessee. en-us Thu, 27 Sep 2007 00:00:00 +0530 Wed, 04 Jan 2017 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151687 The Appellate Tribunal ITAT Mumbai allowed the appeal by the assessee, finding the block assessment order invalid due to being passed beyond the time limit specified under section 158BE of the Income-tax Act, 1961. The Tribunal held that the audit conducted under section 142(2A) lacked legal sanctity as it was initiated by the ADI, not the Assessing Officer as required by law. Consequently, the assessment order was deemed improper, and the appeal was allowed solely on jurisdictional grounds, without addressing other merits raised by the assessee. Case-Laws Income Tax Thu, 27 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151687