https://www.taxtmi.com/caselaws?id=754929 The Bombay HC granted an interim application for an extension of time until 30 June 2024 for the revenue to complete assessment proceedings in an income tax case. The court emphasized the necessity to address objections before finalizing reassessment due to the complexity and volume of documents. Additionally, the court allowed the petitioner's request for physical verification of documents, directing the Assessing Officer to decide on this application within two weeks. No costs were imposed on either party, and all contentions remain open for further consideration. en-us Wed, 26 Jun 2024 00:00:00 +0530 Sat, 27 Jul 2024 13:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754929 The Bombay HC granted an interim application for an extension of time until 30 June 2024 for the revenue to complete assessment proceedings in an income tax case. The court emphasized the necessity to address objections before finalizing reassessment due to the complexity and volume of documents. Additionally, the court allowed the petitioner's request for physical verification of documents, directing the Assessing Officer to decide on this application within two weeks. No costs were imposed on either party, and all contentions remain open for further consideration. Case-Laws Income Tax Wed, 26 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754929