1983 (4) TMI 11 - HC - Income Tax

Summary

The High Court of Madhya Pradesh ruled that the Income-tax Appellate Tribunal was correct in holding that the date the ITO received directions from the IAC under s. 144B is the date to be counted for limitation, not the date the IAC issued the directions. The assessment order was not barred by limitation. The court's answer to the question was affirmative, against the assessee.