https://www.taxtmi.com/caselaws?id=327821 The Court upheld the ITAT's jurisdiction to adjudicate the Assessing Officer's order under Section 142(2C) of the Income Tax Act, allowing consideration of the extension of time for filing the audit report. It affirmed ITAT's authority to address issues not raised before the CIT(A) if in the interest of justice. Additionally, it clarified that the AO lacked the power to extend the audit report deadline before April 1, 2008, and rejected the argument that the nominated auditor's request equated to the Assessee's request. The Court dismissed the Revenue's appeal, emphasizing adherence to statutory requirements and proper party roles in the process. en-us Fri, 13 May 2016 00:00:00 +0530 Thu, 17 Nov 2016 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327821 The Court upheld the ITAT's jurisdiction to adjudicate the Assessing Officer's order under Section 142(2C) of the Income Tax Act, allowing consideration of the extension of time for filing the audit report. It affirmed ITAT's authority to address issues not raised before the CIT(A) if in the interest of justice. Additionally, it clarified that the AO lacked the power to extend the audit report deadline before April 1, 2008, and rejected the argument that the nominated auditor's request equated to the Assessee's request. The Court dismissed the Revenue's appeal, emphasizing adherence to statutory requirements and proper party roles in the process. Case-Laws Income Tax Fri, 13 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327821