C.A. No. 002516 - 002517 / 2016

STATE OF PUNJAB . vs M/S.MALWA COTTON AND SPINNING MILLS LTD.
Status
DISPOSED
Order Date
04-03-2016
Filed On
30-03-2010 05:20 PM
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AI Summary

Under a taxing statute, the statutory authority's power to extend the limitation period for passing assessment orders must be exercised before the expiry of the original prescribed period, as the right to assess stands extinguished once the limitation period lapses.

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