https://www.taxtmi.com/caselaws?id=58884 The Tribunal held that the assessment made on 12-8-1982 for the assessment year 1979-80 was barred by limitation. The exclusion period under sec. 153(1) was calculated from the date the draft order was sent to the assessee until the ITO received directions from the IAC. As the ITO had only two days left to complete the assessment after receiving directions, the Tribunal found the assessment beyond the prescribed time limit of 1st August, 1982. The appeal was allowed, and the assessment was directed to be cancelled. en-us Wed, 01 Nov 1989 00:00:00 +0530 Wed, 22 Dec 2010 16:18:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58884 The Tribunal held that the assessment made on 12-8-1982 for the assessment year 1979-80 was barred by limitation. The exclusion period under sec. 153(1) was calculated from the date the draft order was sent to the assessee until the ITO received directions from the IAC. As the ITO had only two days left to complete the assessment after receiving directions, the Tribunal found the assessment beyond the prescribed time limit of 1st August, 1982. The appeal was allowed, and the assessment was directed to be cancelled. Case-Laws Income Tax Wed, 01 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58884