https://www.taxtmi.com/caselaws?id=57286 The Tribunal dismissed the appeal, upholding the assessment framed by the Assessing Officer and confirmed by the Commissioner of Income Tax (Appeals). The Tribunal held that the assessment was not time-barred, applying section 292B of the Income Tax Act, 1961, and rejected the argument that the notice under section 143(2) was issued beyond the statutory time limit. The Tribunal found no new material presented by the assessee and agreed with the CIT(A)'s conclusions regarding the chargeability of interest on the refundable amount. en-us Mon, 14 Jun 2004 00:00:00 +0530 Thu, 09 Dec 2010 13:08:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57286 The Tribunal dismissed the appeal, upholding the assessment framed by the Assessing Officer and confirmed by the Commissioner of Income Tax (Appeals). The Tribunal held that the assessment was not time-barred, applying section 292B of the Income Tax Act, 1961, and rejected the argument that the notice under section 143(2) was issued beyond the statutory time limit. The Tribunal found no new material presented by the assessee and agreed with the CIT(A)'s conclusions regarding the chargeability of interest on the refundable amount. Case-Laws Income Tax Mon, 14 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57286