https://www.taxtmi.com/caselaws?id=78530 The High Court dismissed the appeal, upholding the Tribunal's decision to annul the assessment order under Section 143(3)/147 for the Assessment Year 1997-1998. The Court emphasized the invalidity of the notice issued under Section 148 due to exceeding the limitation period and its impact on the computation of income under Section 115JA. The dismissal of the Revenue's appeal was based on the time-barred notice, highlighting the significance of adhering to statutory timelines in assessments and appeals. en-us Mon, 06 Sep 2010 00:00:00 +0530 Wed, 24 Nov 2010 12:48:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78530 The High Court dismissed the appeal, upholding the Tribunal's decision to annul the assessment order under Section 143(3)/147 for the Assessment Year 1997-1998. The Court emphasized the invalidity of the notice issued under Section 148 due to exceeding the limitation period and its impact on the computation of income under Section 115JA. The dismissal of the Revenue's appeal was based on the time-barred notice, highlighting the significance of adhering to statutory timelines in assessments and appeals. Case-Laws Income Tax Mon, 06 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78530