https://www.taxtmi.com/caselaws?id=15049 The court held that the word "forward" in section 144B of the Income-tax Act means the draft assessment order is considered forwarded when it is ready for dispatch, not when served to the assessee. The court determined that the assessment order issued on August 24, 1977, was beyond the limitation period as the draft order was forwarded on March 10, 1977. Consequently, the court ruled in favor of the assessee, stating that the assessment order was passed outside the prescribed limitation period under section 153(2A) of the Income-tax Act, 1961. en-us Wed, 07 Apr 1999 00:00:00 +0530 Mon, 27 Jul 2009 18:18:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15049 The court held that the word "forward" in section 144B of the Income-tax Act means the draft assessment order is considered forwarded when it is ready for dispatch, not when served to the assessee. The court determined that the assessment order issued on August 24, 1977, was beyond the limitation period as the draft order was forwarded on March 10, 1977. Consequently, the court ruled in favor of the assessee, stating that the assessment order was passed outside the prescribed limitation period under section 153(2A) of the Income-tax Act, 1961. Case-Laws Income Tax Wed, 07 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15049