https://www.taxtmi.com/caselaws?id=17398 The court upheld the validity of the assessment order under section 144B of the Income-tax Act, 1961. It ruled that the Assessing Officer had the jurisdiction to estimate the share income of a partner based on a draft assessment order of the firm. The court also found no mala fides in the extension of the period of limitation for completing the assessment, concluding that the assessment completed within the extended period provided under section 144B. The decision favored the Revenue, affirming the validity of the assessment order. en-us Thu, 31 Jul 1997 00:00:00 +0530 Tue, 22 Sep 2009 12:05:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17398 The court upheld the validity of the assessment order under section 144B of the Income-tax Act, 1961. It ruled that the Assessing Officer had the jurisdiction to estimate the share income of a partner based on a draft assessment order of the firm. The court also found no mala fides in the extension of the period of limitation for completing the assessment, concluding that the assessment completed within the extended period provided under section 144B. The decision favored the Revenue, affirming the validity of the assessment order. Case-Laws Income Tax Thu, 31 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17398