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    <title>2011 (3) TMI 1690 - ITAT MUMBAI</title>
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    <description>The Tribunal found that the assessment orders in question were passed beyond the statutory time limit specified under section 158BE of the Act, rendering them invalid. As a result, the assessment orders were quashed, and the appeals of the assessees were allowed. The Tribunal dismissed the cross-appeals filed by the revenue against the orders of the Commissioner of Income Tax (Appeals) as infructuous. The judgment underscored the importance of adhering to statutory time limits and principles of natural justice in tax assessments.</description>
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      <description>The Tribunal found that the assessment orders in question were passed beyond the statutory time limit specified under section 158BE of the Act, rendering them invalid. As a result, the assessment orders were quashed, and the appeals of the assessees were allowed. The Tribunal dismissed the cross-appeals filed by the revenue against the orders of the Commissioner of Income Tax (Appeals) as infructuous. The judgment underscored the importance of adhering to statutory time limits and principles of natural justice in tax assessments.</description>
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