https://www.taxtmi.com/caselaws?id=78017 The court held that the notices issued under section 17 of the Wealth-tax Act for assessment years 1990-91 and 1989-90 were invalid due to being issued after the expiration of the time limit, thus lacking jurisdiction to reopen the assessments. The court emphasized the necessity of proper notice under the Wealth-tax Act and ruled that the failure to comply with court directions regarding the issuance of such notice rendered the proceedings initiated under the Income-tax Act invalid. Consequently, the court allowed the writ petitions and closed the related motions. en-us Thu, 08 Apr 2010 00:00:00 +0530 Tue, 26 Oct 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78017 The court held that the notices issued under section 17 of the Wealth-tax Act for assessment years 1990-91 and 1989-90 were invalid due to being issued after the expiration of the time limit, thus lacking jurisdiction to reopen the assessments. The court emphasized the necessity of proper notice under the Wealth-tax Act and ruled that the failure to comply with court directions regarding the issuance of such notice rendered the proceedings initiated under the Income-tax Act invalid. Consequently, the court allowed the writ petitions and closed the related motions. Case-Laws Wealth-tax Thu, 08 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78017