https://www.taxtmi.com/caselaws?id=189547 Proceedings aimed at disturbing assessments completed before the commencement of the 1961 Act were held to remain governed by the Income-tax Act, 1922, because the saving provision in section 297 did not displace the operation of section 6 of the General Clauses Act. Rectification powers were also confined to their statutory purpose: section 35(5) applied only to give effect to a firm's assessment in relation to a partner's share income and could not be used to reopen time-barred or unrelated errors in a partner's completed individual assessment. Section 155 of the 1961 Act likewise afforded no jurisdiction to revise those earlier completed assessments. en-us Wed, 17 Jul 1963 00:00:00 +0530 Thu, 12 Jan 2017 15:44:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189547 Proceedings aimed at disturbing assessments completed before the commencement of the 1961 Act were held to remain governed by the Income-tax Act, 1922, because the saving provision in section 297 did not displace the operation of section 6 of the General Clauses Act. Rectification powers were also confined to their statutory purpose: section 35(5) applied only to give effect to a firm's assessment in relation to a partner's share income and could not be used to reopen time-barred or unrelated errors in a partner's completed individual assessment. Section 155 of the 1961 Act likewise afforded no jurisdiction to revise those earlier completed assessments. Case-Laws Income Tax Wed, 17 Jul 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189547