1997 (9) TMI 67 - HC - Income Tax

Summary

The High Court of Punjab and Haryana ruled that the Income-tax Officer correctly followed the procedure under section 144B of the Income-tax Act, 1961 for assessment. The assessment made on May 28, 1984, was held to be valid and not barred by limitation. The court disagreed with the assessee's challenge and upheld the assessment order.