https://www.taxtmi.com/caselaws?id=128102 Statutory notices are tested by substance rather than the form in which they are issued, so notices in the 1953 Act form were not invalid where the power to revise assessments under the repealed 1946 Act was preserved by the saving provision. The Court also noted the general principle that reassessment or revisional powers should ordinarily be exercised within a reasonable time, but the retrospective amendment to section 15 excluded the limitation rule for proceedings under sections 14 and 31. As a result, the challenge based on invalidity, limitation, and unreasonable delay failed. en-us Fri, 24 Jul 1959 00:00:00 +0530 Thu, 28 Mar 2013 17:01:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128102 Statutory notices are tested by substance rather than the form in which they are issued, so notices in the 1953 Act form were not invalid where the power to revise assessments under the repealed 1946 Act was preserved by the saving provision. The Court also noted the general principle that reassessment or revisional powers should ordinarily be exercised within a reasonable time, but the retrospective amendment to section 15 excluded the limitation rule for proceedings under sections 14 and 31. As a result, the challenge based on invalidity, limitation, and unreasonable delay failed. Case-Laws VAT and Sales Tax Fri, 24 Jul 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128102