https://www.taxtmi.com/caselaws?id=5114 A reassessment notice cannot be validly issued under section 34 while a duly filed voluntary return under section 22(3) remains undisposed of. The pre-existing return continues to operate until it is dealt with by the Income-tax Officer, so ignoring it to trigger reassessment is incompetent. Because the notice itself was invalid, the assessments made on its basis also lacked legal foundation and were unsustainable. The resulting reassessment proceedings therefore failed, and the assessments were annulled. en-us Thu, 22 Aug 1968 00:00:00 +0530 Thu, 20 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5114 A reassessment notice cannot be validly issued under section 34 while a duly filed voluntary return under section 22(3) remains undisposed of. The pre-existing return continues to operate until it is dealt with by the Income-tax Officer, so ignoring it to trigger reassessment is incompetent. Because the notice itself was invalid, the assessments made on its basis also lacked legal foundation and were unsustainable. The resulting reassessment proceedings therefore failed, and the assessments were annulled. Case-Laws Income Tax Thu, 22 Aug 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5114