2002 (1) TMI 42 - HC - Income Tax

Summary

The High Court of Punjab and Haryana annulled an assessment order for the assessment year 1974-75 as it was found to be beyond the period of limitation. The Tribunal rejected the Revenue's contention of extending the limitation period. The court ruled in favor of the assessee, citing a previous case precedent. The judgment was delivered by Judge N.K. Sud.