https://www.taxtmi.com/caselaws?id=58112 The case involved appeals regarding the validity of assessments made under section 144B of the Income Tax Act, 1961, focusing on the retrospective effect of the section. The Tribunal held that section 144B, categorized as a procedural section, did not impact the validity of the assessment order. It concluded that the section provided an additional opportunity for the assessee to present their case before the Income Tax Commissioner, ensuring a fair assessment process. Relying on legal principles and precedents, the Tribunal upheld the validity of the assessment under section 144B, in line with the findings of the Appellate Authority Commissioner. en-us Sat, 24 Feb 1979 00:00:00 +0530 Fri, 17 Dec 2010 13:47:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58112 The case involved appeals regarding the validity of assessments made under section 144B of the Income Tax Act, 1961, focusing on the retrospective effect of the section. The Tribunal held that section 144B, categorized as a procedural section, did not impact the validity of the assessment order. It concluded that the section provided an additional opportunity for the assessee to present their case before the Income Tax Commissioner, ensuring a fair assessment process. Relying on legal principles and precedents, the Tribunal upheld the validity of the assessment under section 144B, in line with the findings of the Appellate Authority Commissioner. Case-Laws Income Tax Sat, 24 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58112