https://www.taxtmi.com/caselaws?id=161245 The power to extend the assessment period under section 42 read with rule 37A must rest on valid grounds supported by reasons showing extraordinary circumstances or supervening causes beyond the assessing authority's default. A mere assertion that the inquiry or assessment is unlikely to be completed within the prescribed time is insufficient to justify extension. On that basis, the extension order was held unsustainable and was quashed. en-us Fri, 04 Dec 1998 00:00:00 +0530 Mon, 13 Jan 2014 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161245 The power to extend the assessment period under section 42 read with rule 37A must rest on valid grounds supported by reasons showing extraordinary circumstances or supervening causes beyond the assessing authority's default. A mere assertion that the inquiry or assessment is unlikely to be completed within the prescribed time is insufficient to justify extension. On that basis, the extension order was held unsustainable and was quashed. Case-Laws VAT and Sales Tax Fri, 04 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161245