https://www.taxtmi.com/caselaws?id=10644 The High Court of Madhya Pradesh upheld the Income-tax Appellate Tribunal's decision to annul an assessment due to exceeding the limitation period. The court found that despite an extension granted by the Income-tax Act, the assessment made on November 7, 1997, was beyond the permissible period. The court emphasized adherence to statutory timelines and the Assessing Officer's duty to ensure timely completion, ultimately dismissing the appeal and highlighting the importance of compliance with legal provisions in assessments. en-us Thu, 02 Dec 2004 00:00:00 +0530 Tue, 21 Jul 2009 07:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10644 The High Court of Madhya Pradesh upheld the Income-tax Appellate Tribunal's decision to annul an assessment due to exceeding the limitation period. The court found that despite an extension granted by the Income-tax Act, the assessment made on November 7, 1997, was beyond the permissible period. The court emphasized adherence to statutory timelines and the Assessing Officer's duty to ensure timely completion, ultimately dismissing the appeal and highlighting the importance of compliance with legal provisions in assessments. Case-Laws Income Tax Thu, 02 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10644