https://www.taxtmi.com/caselaws?id=10801 The High Court of MADHYA PRADESH ruled that the assessment made under section 143(3) read with section 143(2)(b) was within the limitation period as per section 153(2) of the Income-tax Act, 1961. The court held that the assessment completed by the Assessing Officer was not barred by limitation, contrary to the Tribunal's decision. The assessment was deemed to be in compliance with the Act's requirements, as it was completed before the expiration of the four-year limitation period specified in section 153(2). The judgment favored the Revenue, affirming that the assessment was timely and dismissing the assessee's claim. en-us Fri, 13 Aug 2004 00:00:00 +0530 Sat, 25 Jul 2009 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10801 The High Court of MADHYA PRADESH ruled that the assessment made under section 143(3) read with section 143(2)(b) was within the limitation period as per section 153(2) of the Income-tax Act, 1961. The court held that the assessment completed by the Assessing Officer was not barred by limitation, contrary to the Tribunal's decision. The assessment was deemed to be in compliance with the Act's requirements, as it was completed before the expiration of the four-year limitation period specified in section 153(2). The judgment favored the Revenue, affirming that the assessment was timely and dismissing the assessee's claim. Case-Laws Income Tax Fri, 13 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10801