https://www.taxtmi.com/caselaws?id=181969 The saving clause in section 7 of the Taxation Laws (Extension to Merged States and Amendment) Act, 1949 was read in its plain and ordinary sense, so that "assessment" included reassessment. On that construction, the power to initiate reassessment proceedings under section 34 of the Indian Income-tax Act, 1922 was preserved and the notices were valid on that ground. The Court also held that omission of the words showing the Act as applied to Nandgaon State was only a misdescription: where the underlying authority to act exists and is identifiable, an incomplete statutory citation does not invalidate the notice. The reassessment notices were therefore upheld as valid in law. en-us Tue, 09 Apr 1957 00:00:00 +0530 Thu, 28 Apr 2016 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181969 The saving clause in section 7 of the Taxation Laws (Extension to Merged States and Amendment) Act, 1949 was read in its plain and ordinary sense, so that "assessment" included reassessment. On that construction, the power to initiate reassessment proceedings under section 34 of the Indian Income-tax Act, 1922 was preserved and the notices were valid on that ground. The Court also held that omission of the words showing the Act as applied to Nandgaon State was only a misdescription: where the underlying authority to act exists and is identifiable, an incomplete statutory citation does not invalidate the notice. The reassessment notices were therefore upheld as valid in law. Case-Laws Income Tax Tue, 09 Apr 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181969