https://www.taxtmi.com/caselaws?id=214959 The High Court held that the block assessment order dated 30.07.2002 was barred by limitation under Section 158BE(1)(b) of the Income Tax Act, 1961. The Court disagreed with the Tribunal's interpretation, clarifying that the provisions of Section 129 did not apply in the case of jurisdictional transfer. The appeal was allowed in favor of the assessee, and no costs were awarded. en-us Thu, 12 Jul 2012 00:00:00 +0530 Sat, 21 Jul 2012 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214959 The High Court held that the block assessment order dated 30.07.2002 was barred by limitation under Section 158BE(1)(b) of the Income Tax Act, 1961. The Court disagreed with the Tribunal's interpretation, clarifying that the provisions of Section 129 did not apply in the case of jurisdictional transfer. The appeal was allowed in favor of the assessee, and no costs were awarded. Case-Laws Income Tax Thu, 12 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214959