https://www.taxtmi.com/caselaws?id=56315 The Tribunal ruled in favor of the assessee, finding that the assessment order framed on 19th Sept., 1984 was invalid due to being time-barred under s. 153 of the Act. The dispute centered on whether the time limit for passing the assessment order under s. 143(3) expired on 31st March 1984 or could be extended up to 30th Sept., 1984. As a result, the Tribunal did not address the merits of the disallowances made by the IT authorities, annulling the assessment and allowing the appeal in favor of the assessee. en-us Thu, 15 Jan 1987 00:00:00 +0530 Fri, 03 Dec 2010 10:12:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56315 The Tribunal ruled in favor of the assessee, finding that the assessment order framed on 19th Sept., 1984 was invalid due to being time-barred under s. 153 of the Act. The dispute centered on whether the time limit for passing the assessment order under s. 143(3) expired on 31st March 1984 or could be extended up to 30th Sept., 1984. As a result, the Tribunal did not address the merits of the disallowances made by the IT authorities, annulling the assessment and allowing the appeal in favor of the assessee. Case-Laws Income Tax Thu, 15 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56315