https://www.taxtmi.com/caselaws?id=6315 An order under section 23A of the Indian Income-tax Act, 1922 was treated as a levy of additional super-tax on undistributed profits, not as an assessment or reassessment of income, profits or gains. On that basis, the limitation in section 34(3), which applies to assessment or reassessment orders, was held inapplicable to section 23A orders. The earlier Supreme Court view that a section 23A order is not an assessment order within section 34(3) was maintained, since no sufficient reason was shown to depart from the prior precedent under Article 141. en-us Tue, 23 Nov 1971 00:00:00 +0530 Thu, 04 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6315 An order under section 23A of the Indian Income-tax Act, 1922 was treated as a levy of additional super-tax on undistributed profits, not as an assessment or reassessment of income, profits or gains. On that basis, the limitation in section 34(3), which applies to assessment or reassessment orders, was held inapplicable to section 23A orders. The earlier Supreme Court view that a section 23A order is not an assessment order within section 34(3) was maintained, since no sufficient reason was shown to depart from the prior precedent under Article 141. Case-Laws Income Tax Tue, 23 Nov 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6315