https://www.taxtmi.com/caselaws?id=19864 The High Court upheld the Tribunal's decision, ruling that the limitation provisions under sections 153(1) and 153(2) of the Income-tax Act applied. The assessment order for the assessment year 1974-75 was deemed timely under section 153(2)(a) as specific provisions prevailed over general provisions, allowing the assessment to proceed within the prescribed time limits. The judgment favored the Revenue, with no costs awarded. en-us Wed, 02 Mar 1994 00:00:00 +0530 Tue, 10 Nov 2009 12:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19864 The High Court upheld the Tribunal's decision, ruling that the limitation provisions under sections 153(1) and 153(2) of the Income-tax Act applied. The assessment order for the assessment year 1974-75 was deemed timely under section 153(2)(a) as specific provisions prevailed over general provisions, allowing the assessment to proceed within the prescribed time limits. The judgment favored the Revenue, with no costs awarded. Case-Laws Income Tax Wed, 02 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19864