https://www.taxtmi.com/caselaws?id=460664 The HC analyzed Section 73 of the Finance Act, 1994, regarding tax proceedings delay. Despite Section 73(4B) not being strictly mandatory, the Court found the Assessing Officer's inaction problematic. The proceedings were terminated due to failure to conclude within the recommended one-year period, emphasizing the legislative intent of procedural expediency. The writ petition was allowed, effectively ending the tax investigation. en-us Thu, 04 Apr 2024 00:00:00 +0530 Wed, 30 Apr 2025 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460664 The HC analyzed Section 73 of the Finance Act, 1994, regarding tax proceedings delay. Despite Section 73(4B) not being strictly mandatory, the Court found the Assessing Officer's inaction problematic. The proceedings were terminated due to failure to conclude within the recommended one-year period, emphasizing the legislative intent of procedural expediency. The writ petition was allowed, effectively ending the tax investigation. Case-Laws GST Thu, 04 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460664