https://www.taxtmi.com/caselaws?id=26358 Sections 144B and 153 of the Income-tax Act were treated as procedural provisions because they regulate the pre-assessment process and the computation of limitation without affecting substantive tax liability. Under section 144B, the draft assessment and objection procedure triggers exclusion of the time spent in that process under section 153(1)(a), Explanation 1(iv), subject to the statutory cap. On the stated computation for assessment year 1975-76, the assessment period extended to September 29, 1978, so an assessment order made on September 6, 1978 was within time and not barred by limitation. en-us Fri, 01 Nov 1985 00:00:00 +0530 Thu, 04 Feb 2010 13:32:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26358 Sections 144B and 153 of the Income-tax Act were treated as procedural provisions because they regulate the pre-assessment process and the computation of limitation without affecting substantive tax liability. Under section 144B, the draft assessment and objection procedure triggers exclusion of the time spent in that process under section 153(1)(a), Explanation 1(iv), subject to the statutory cap. On the stated computation for assessment year 1975-76, the assessment period extended to September 29, 1978, so an assessment order made on September 6, 1978 was within time and not barred by limitation. Case-Laws Income Tax Fri, 01 Nov 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26358