AO can extend time limit for filing auditor’s report even if assessee made no application for extension

CIT Vs Ram Kishan Dass (Supreme Court of India) Conclusion: Provisions of Section 142(2C) as they stood prior to the amendment which was enacted with effect from 1 April 2008 by the Finance Act, 2008 did not preclude the exercise of jurisdiction and authority by AO to extend time for the submission of the audit report directed under sub-section (2A), without an application by assessee. Thus, AO who prescribed time limit for filing auditor’s report under Section 142(2A) was also entitled to extend time limit even if extension was not sought by assessee. Held: An assessment under section 153A ...