https://www.taxtmi.com/caselaws?id=341948 Prior to the 1 April 2008 amendment of Section 142(2C) of the Income-tax Act, 1961, the Assessing Officer had no suo motu power to extend the time for the special auditor to submit the report under Section 142(2A), as the point was already settled by binding Delhi High Court precedent in favour of the assessee. In light of that settled position, the Court held that no substantial question of law arose in the appeals. The issue was answered against the Revenue and in favour of the assessee. en-us Wed, 03 Aug 2016 00:00:00 +0530 Fri, 21 Apr 2017 07:22:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341948 Prior to the 1 April 2008 amendment of Section 142(2C) of the Income-tax Act, 1961, the Assessing Officer had no suo motu power to extend the time for the special auditor to submit the report under Section 142(2A), as the point was already settled by binding Delhi High Court precedent in favour of the assessee. In light of that settled position, the Court held that no substantial question of law arose in the appeals. The issue was answered against the Revenue and in favour of the assessee. Case-Laws Income Tax Wed, 03 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341948