https://www.taxtmi.com/caselaws?id=172888 A notice issued under section 34(1)(a) of the Income-tax Act, 1922 after the original limitation period was nonetheless treated as valid because section 4 of Central Act I of 1959 retrospectively validated notices issued before that Act commenced. The second proviso to section 34(3) was held inapplicable, as the appellate order did not record any finding or direction on a matter in issue in the assessment proceedings. The validating provision was construed to cover notices issued after the Finance Act, 1956 and before the 1959 Act, with retrospective effect barring a challenge based on expiry of the unamended limitation period. en-us Wed, 01 Dec 1965 00:00:00 +0530 Thu, 03 Sep 2015 11:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172888 A notice issued under section 34(1)(a) of the Income-tax Act, 1922 after the original limitation period was nonetheless treated as valid because section 4 of Central Act I of 1959 retrospectively validated notices issued before that Act commenced. The second proviso to section 34(3) was held inapplicable, as the appellate order did not record any finding or direction on a matter in issue in the assessment proceedings. The validating provision was construed to cover notices issued after the Finance Act, 1956 and before the 1959 Act, with retrospective effect barring a challenge based on expiry of the unamended limitation period. Case-Laws Income Tax Wed, 01 Dec 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172888