1974 (9) TMI 1 - SUPREME COURT

Time limits prescribed under s. 132(5) are for the benefit of the aggrieved assessees - Orders made in pursuance of a direction under s. 132(12) or by a court in writ proceedings was not subject to the limitations laid down in s. 132(5) - power given to IT Officer u/s 132(5) to pass order within 90 days could not be whittled down by a Rule 112A - appeal is, therefore, allowed and the judgment and order of the High Court set aside