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2005 (7) TMI 58 - DELHI HIGH COURTPeriod for completion of the assessment proceedings- On behalf of the appellant it was argued that the Tribunal had fallen in a palpable error in holding that the period for completion of the assessment proceedings, on the basis of the first notice issued to the assessee on March 26, 1999, had expired on the date the second notice, dated March 29, 2001, was issued to it. - The fact of the matter, however, appears to be that the period prescribed for completion of the assessment proceedings was two years and would have expired on March 31, 2001. It would, therefore, be more appropriate to let the Tribunal to examine that issue afresh and to pass a fresh order. We, accordingly, allow this appeal, set aside the impugned order and remit the matter back to the Tribunal for fresh hearing
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