https://www.taxtmi.com/caselaws?id=71743 The Tribunal dismissed the assessee's appeal, upholding that the assessment was not barred by limitations. The Tribunal found that the return filed on 10th Oct., 1977, was valid under s. 139(1) and not non est, allowing for the assessment to be completed within the statutory time limit. The Tribunal rejected the assessee's argument that the assessment was time-barred, citing various High Court decisions supporting the interpretation that returns filed under s. 139(4) are referable to returns under s. 139(1) or (2). en-us Thu, 17 Jun 1982 00:00:00 +0530 Tue, 26 Apr 2011 18:02:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71743 The Tribunal dismissed the assessee's appeal, upholding that the assessment was not barred by limitations. The Tribunal found that the return filed on 10th Oct., 1977, was valid under s. 139(1) and not non est, allowing for the assessment to be completed within the statutory time limit. The Tribunal rejected the assessee's argument that the assessment was time-barred, citing various High Court decisions supporting the interpretation that returns filed under s. 139(4) are referable to returns under s. 139(1) or (2). Case-Laws Income Tax Thu, 17 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71743