Assessment Order Invalid Due to Limitations; Assessing Officer Lacks Authority to Extend Special Audit Under Sec 142(2A.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Extension of period of special audit u/s 142(2A) - in the absence of suo motu powers of the Assessing Officer to extend the period of audit under section 142(2A) of the Income-tax Act, the assessment order was barred by limitation.... - AT....