1983 (4) TMI 11

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..... Act "), the Income-tax Appellate Tribunal, Indore Bench, has referred the following question of law to this court for its opinion: " Whether the learned Tribunal was correct in law in holding that the date on which the ITO received the directions from the IAC under s. 144B is the date to be counted for limitation in view of Expln. 1 of cl. (iv) to s. 153 of the Act, 1961, and not the date on whi .....

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..... . Now, it is not disputed on behalf of the assessee that the period of limitation, as provided by s. 153(1)(a)(iii) of the Act, would have to be read with cl. (iv) of Expln. 1 to s. 153 of the Act. In the instant case, the ITO received the directions from the IAC on September 5, 1979, and the ITO passed the order on September 21, 1979. Thus, the order passed by the ITO was not barred by limitati .....

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