Tag: limitation perod 158BE

Special Audit u/s 142(2A) Stay Period to be excluded for Limitation concluding Block Assessment u/s 158BE-Supreme Court

In a recent judgment, Supreme Court has upheld that¬†special audit u/s 142(2A) was an integral step towards assessment proceedings and hence High Court was right in holding that period for which special audit was stayed shall be¬†excluded in counting limitation for concluding block assessment u/s 158BE. Case Law …