1996 (4) TMI 69 - HC - Income Tax

Summary

The High Court of Madras held that the expression "an assessment to be made under section 143(3)" in section 144B does not cover reassessments under section 147 of the Income-tax Act. The court ruled that the extended time-limit under section 153 is not available for reassessments under section 147. This decision was based on earlier rulings by the court.