https://www.taxtmi.com/caselaws?id=190281 Where valid reassessment proceedings were initiated by an earlier notice within the statutory period and remained pending on transfer, the limitation for reassessment is fixed by that earlier notice and survives transfer; a subsequent fresh notice cannot extend or supersede the limitation preserved by the initial valid proceedings. Applying that principle, an assessment completed after the period as fixed by the earlier valid notice is time-barred and invalid, so the reassessment dated 2 May 1956 cannot be sustained. en-us Wed, 10 Jan 1962 00:00:00 +0530 Fri, 10 Feb 2017 17:57:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190281 Where valid reassessment proceedings were initiated by an earlier notice within the statutory period and remained pending on transfer, the limitation for reassessment is fixed by that earlier notice and survives transfer; a subsequent fresh notice cannot extend or supersede the limitation preserved by the initial valid proceedings. Applying that principle, an assessment completed after the period as fixed by the earlier valid notice is time-barred and invalid, so the reassessment dated 2 May 1956 cannot be sustained. Case-Laws Income Tax Wed, 10 Jan 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190281