https://www.taxtmi.com/caselaws?id=25086 The High Court of Kerala ruled in favor of the Revenue, holding that the additions made by the Inspecting Assistant Commissioner u/s 144A were not barred by limitation. The Court determined that the period for assessment is extended once a draft order is forwarded to the assessee u/s 144B, allowing the Inspecting Assistant Commissioner to exercise power u/s 144A even after the normal assessment period had expired. The Court directed the parties to bear their respective costs in the case. en-us Wed, 25 Nov 1987 00:00:00 +0530 Mon, 25 Jan 2010 12:46:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25086 The High Court of Kerala ruled in favor of the Revenue, holding that the additions made by the Inspecting Assistant Commissioner u/s 144A were not barred by limitation. The Court determined that the period for assessment is extended once a draft order is forwarded to the assessee u/s 144B, allowing the Inspecting Assistant Commissioner to exercise power u/s 144A even after the normal assessment period had expired. The Court directed the parties to bear their respective costs in the case. Case-Laws Income Tax Wed, 25 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25086