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2010 (1) TMI 762 - AT - Income TaxExtension of period of special audit u/s 142(2A) - Unverifiable freight expenses - assessee has disclosed additional income during the year while doing so ld. CIT(A) has ignored the fact that these expenses remained unverified during assessment proceedings - Assessing Officer in reassessing the already assessed income without there being any adverse material and evidence found during the course of the search relevant to the period under the assessment and without bringing any other adverse material or document on record - Held that:- 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, Order canceled, appeal filed by assessee allowed.
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