https://www.taxtmi.com/caselaws?id=5346 Reassessment notices for pre-1962-63 assessment years were treated as saved by the transitional scheme, because section 297(2)(d)(ii) permits resort to section 148 subject to sections 149 and 150. Section 150(1) was construed mutatis mutandis, so earlier appellate and reference orders passed under the repealed 1922 Act could operate for continuity under the 1961 Act. That reading avoided an artificial distinction between cases governed by the two Acts and preserved the reassessment machinery. The notices were therefore not barred by limitation, and the objection that the proceedings were time-barred failed. en-us Thu, 12 Sep 1991 00:00:00 +0530 Fri, 10 Jun 2016 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5346 Reassessment notices for pre-1962-63 assessment years were treated as saved by the transitional scheme, because section 297(2)(d)(ii) permits resort to section 148 subject to sections 149 and 150. Section 150(1) was construed mutatis mutandis, so earlier appellate and reference orders passed under the repealed 1922 Act could operate for continuity under the 1961 Act. That reading avoided an artificial distinction between cases governed by the two Acts and preserved the reassessment machinery. The notices were therefore not barred by limitation, and the objection that the proceedings were time-barred failed. Case-Laws Income Tax Thu, 12 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5346