https://www.taxtmi.com/caselaws?id=6344 Section 35(5) of the Indian Income-tax Act, 1922 is described as a substantive provision affecting vested rights, not a merely procedural or declaratory change. The commentary notes that rectification of a partner's assessment was not available where the firm's original assessment had been completed before 1 April 1952, and that the provision could not operate retrospectively beyond its express scope. It also distinguishes a later reassessment of the firm from the earlier completed assessment, stating that the contrary view taken in another decision was not controlling on these facts. en-us Fri, 23 Jul 1971 00:00:00 +0530 Thu, 04 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6344 Section 35(5) of the Indian Income-tax Act, 1922 is described as a substantive provision affecting vested rights, not a merely procedural or declaratory change. The commentary notes that rectification of a partner's assessment was not available where the firm's original assessment had been completed before 1 April 1952, and that the provision could not operate retrospectively beyond its express scope. It also distinguishes a later reassessment of the firm from the earlier completed assessment, stating that the contrary view taken in another decision was not controlling on these facts. Case-Laws Income Tax Fri, 23 Jul 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6344