https://www.taxtmi.com/caselaws?id=15129 The High Court upheld the Tribunal's decision that section 144B of the Income-tax Act is procedural and applicable to pending assessments. The Court emphasized the importance of ensuring fairness in assessments and referred to previous decisions supporting this interpretation. Consequently, the Court concluded that the Tribunal correctly applied section 144B to the private limited company's case for the assessment year 1975-76, resolving the issue without imposing costs. en-us Thu, 02 Apr 1998 00:00:00 +0530 Mon, 03 Aug 2009 12:09:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15129 The High Court upheld the Tribunal's decision that section 144B of the Income-tax Act is procedural and applicable to pending assessments. The Court emphasized the importance of ensuring fairness in assessments and referred to previous decisions supporting this interpretation. Consequently, the Court concluded that the Tribunal correctly applied section 144B to the private limited company's case for the assessment year 1975-76, resolving the issue without imposing costs. Case-Laws Income Tax Thu, 02 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15129