Department Cannot Invoke Extended Period Of Limitation Merely Because Returns Were Self-Assessed: CESTAT

The CESTAT ruled that the department cannot invoke the extended period of limitation merely because returns were self-assessed. In the case of tax assessment, the Tribunal clarified that the extended limitation period under tax laws is not applicable in this context unless there is evidence of fraud or willful suppression. The judgment emphasized that self-assessed returns cannot automatically trigger an extended review period, underscoring the importance of adhering to statutory time limits for tax assessments.