https://www.taxtmi.com/caselaws?id=67938 The Tribunal found that the initial assessment order made under section 144 of the IT Act was invalid as it did not determine the tax payable by the assessee. Despite the challenge based on the limitation of challan issuance, the Tribunal held that the order date should be considered the completion date, thus not time-barred. Emphasizing the importance of compliance with legal requirements for assessment orders, the Tribunal allowed the appeal for statistical purposes only and directed a fresh assessment to be conducted by the ITO in accordance with the law. en-us Mon, 24 Feb 1986 00:00:00 +0530 Tue, 15 Mar 2011 17:40:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67938 The Tribunal found that the initial assessment order made under section 144 of the IT Act was invalid as it did not determine the tax payable by the assessee. Despite the challenge based on the limitation of challan issuance, the Tribunal held that the order date should be considered the completion date, thus not time-barred. Emphasizing the importance of compliance with legal requirements for assessment orders, the Tribunal allowed the appeal for statistical purposes only and directed a fresh assessment to be conducted by the ITO in accordance with the law. Case-Laws Income Tax Mon, 24 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67938