https://www.taxtmi.com/caselaws?id=7373 For rectification under section 35(5) of the Indian Income-tax Act, 1922, limitation runs from the final operative assessment order that actually concludes the matter, not from an earlier order that merely directs reconsideration or further effect. An order passed by the Income-tax Officer giving effect to the Commissioner's directions under section 33A(2) was treated as a fresh assessment order because it was the final unchallenged order in the case. On that basis, the rectification made within four years of that final order was within time, and the limitation objection based on the earlier assessment or the Commissioner's order was rejected. en-us Wed, 03 Jul 1968 00:00:00 +0530 Wed, 18 Feb 2009 19:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7373 For rectification under section 35(5) of the Indian Income-tax Act, 1922, limitation runs from the final operative assessment order that actually concludes the matter, not from an earlier order that merely directs reconsideration or further effect. An order passed by the Income-tax Officer giving effect to the Commissioner's directions under section 33A(2) was treated as a fresh assessment order because it was the final unchallenged order in the case. On that basis, the rectification made within four years of that final order was within time, and the limitation objection based on the earlier assessment or the Commissioner's order was rejected. Case-Laws Income Tax Wed, 03 Jul 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7373