https://www.taxtmi.com/caselaws?id=64442 The Tribunal upheld the jurisdiction of the Income Tax Officer (ITO) to pass the assessment order within the statutory time limit, dismissing the assessee's challenge based on the expiry of the limitation period. The Tribunal emphasized the significance of the notice under sec. 148 in granting jurisdiction to the ITO to assess the income of the assessee. Referring to relevant legal provisions and precedents, the Tribunal concluded that the assessment order made by the ITO was valid as it was within the prescribed time limit under sec. 153(2)(a) of the Income-tax Act. en-us Wed, 17 May 1989 00:00:00 +0530 Mon, 07 Feb 2011 18:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64442 The Tribunal upheld the jurisdiction of the Income Tax Officer (ITO) to pass the assessment order within the statutory time limit, dismissing the assessee's challenge based on the expiry of the limitation period. The Tribunal emphasized the significance of the notice under sec. 148 in granting jurisdiction to the ITO to assess the income of the assessee. Referring to relevant legal provisions and precedents, the Tribunal concluded that the assessment order made by the ITO was valid as it was within the prescribed time limit under sec. 153(2)(a) of the Income-tax Act. Case-Laws Income Tax Wed, 17 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64442