https://www.taxtmi.com/caselaws?id=16107 Where the proposed variation exceeded the statutory threshold, section 144B applied even though the Income-tax Officer had concurrent jurisdiction with the Inspecting Assistant Commissioner under section 125A. The draft assessment procedure was therefore validly followed, and the extended limitation period for completing the assessment remained available. The assessment was consequently held not to be time-barred, and the challenge to the section 144B procedure failed. en-us Mon, 29 Sep 1997 00:00:00 +0530 Tue, 01 Sep 2009 11:42:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16107 Where the proposed variation exceeded the statutory threshold, section 144B applied even though the Income-tax Officer had concurrent jurisdiction with the Inspecting Assistant Commissioner under section 125A. The draft assessment procedure was therefore validly followed, and the extended limitation period for completing the assessment remained available. The assessment was consequently held not to be time-barred, and the challenge to the section 144B procedure failed. Case-Laws Income Tax Mon, 29 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16107