https://www.taxtmi.com/caselaws?id=66842 The Appellate Tribunal ITAT Indore ruled that the assessment for the year 1978-79 was not time-barred, despite the draft order being served after the normal completion date. The Tribunal interpreted the term 'forward' in section 144B to imply putting in transmission, distinct from 'serve'. It held that the exclusion period under Explanation 1 to section 153 starts from forwarding the draft order, not serving it, and concluded that the assessment was valid. The appeal was dismissed as the Tribunal found no merit, emphasizing the legislative intent behind the language used in the Income-tax Act. en-us Thu, 12 Apr 1984 00:00:00 +0530 Mon, 07 Mar 2011 16:55:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66842 The Appellate Tribunal ITAT Indore ruled that the assessment for the year 1978-79 was not time-barred, despite the draft order being served after the normal completion date. The Tribunal interpreted the term 'forward' in section 144B to imply putting in transmission, distinct from 'serve'. It held that the exclusion period under Explanation 1 to section 153 starts from forwarding the draft order, not serving it, and concluded that the assessment was valid. The appeal was dismissed as the Tribunal found no merit, emphasizing the legislative intent behind the language used in the Income-tax Act. Case-Laws Income Tax Thu, 12 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66842