https://www.taxtmi.com/caselaws?id=64367 The court held that the assessment order dated 31st March 2003 was beyond the prescribed time limit as per section 158BE of the Income Tax Act. The court emphasized that section 158BE is a complete code providing a specific time frame for block assessments, and the provisions of section 153 do not apply. Consequently, the court allowed the appeal by the assessee, annulling the assessment order due to being time-barred. en-us Fri, 16 Jun 2006 00:00:00 +0530 Fri, 27 Jul 2012 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64367 The court held that the assessment order dated 31st March 2003 was beyond the prescribed time limit as per section 158BE of the Income Tax Act. The court emphasized that section 158BE is a complete code providing a specific time frame for block assessments, and the provisions of section 153 do not apply. Consequently, the court allowed the appeal by the assessee, annulling the assessment order due to being time-barred. Case-Laws Income Tax Fri, 16 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64367