https://www.taxtmi.com/caselaws?id=5152 A return filed after the general notice but before assessment must be treated as a valid return where the statute allows filing at any time before assessment and deems it to be in due time. On that construction, a voluntary return cannot be ignored merely because it was late under the original notice period, and escaped-assessment proceedings cannot be invoked on the footing that no return was filed. The provision was treated as in pari materia with the corresponding income-tax rule, so the assessment based on that return was not barred by limitation under the escaped-income provision. en-us Wed, 14 Aug 1968 00:00:00 +0530 Mon, 11 Aug 2014 22:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5152 A return filed after the general notice but before assessment must be treated as a valid return where the statute allows filing at any time before assessment and deems it to be in due time. On that construction, a voluntary return cannot be ignored merely because it was late under the original notice period, and escaped-assessment proceedings cannot be invoked on the footing that no return was filed. The provision was treated as in pari materia with the corresponding income-tax rule, so the assessment based on that return was not barred by limitation under the escaped-income provision. Case-Laws Income Tax Wed, 14 Aug 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5152