https://www.taxtmi.com/caselaws?id=213346 The court allowed the condonation of delay in filing the application to recall an ex parte order due to health reasons. It held that the Assessing Officer's addition of income based on a Valuation Officer's report was incorrect under Section 142A of the Income Tax Act. The court clarified that assessments made before a specified date are subject to Section 142A. It remanded the case to the Tribunal for further consideration, emphasizing the need for a comprehensive review based on the correct application of Section 142A. en-us Wed, 25 Apr 2012 00:00:00 +0530 Sat, 19 May 2012 07:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213346 The court allowed the condonation of delay in filing the application to recall an ex parte order due to health reasons. It held that the Assessing Officer's addition of income based on a Valuation Officer's report was incorrect under Section 142A of the Income Tax Act. The court clarified that assessments made before a specified date are subject to Section 142A. It remanded the case to the Tribunal for further consideration, emphasizing the need for a comprehensive review based on the correct application of Section 142A. Case-Laws Income Tax Wed, 25 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213346