CBDT Cannot Impose Limitations To Extinguish Rights Granted Under Income Tax Act: Delhi High Court

The Delhi High Court has clarified the CBDT circular on the limitation period and taxpayers' rights under the Income Tax Act. This decision highlights the importance of clear guidelines on limitation periods. It ensures that taxpayers are aware of their rights. This ruling underscores the need for clarity in tax regulations. It emphasizes the importance of protecting taxpayer rights. The High Court's order reinforces legal procedures.