https://www.taxtmi.com/caselaws?id=7083 Section 297(2)(f) of the Income-tax Act, 1961 was read as a saving provision preserving penalty proceedings for default in advance tax demanded under section 18A(1) of the repealed 1922 Act, where the demand notices had been issued before 1 April 1962. Section 6 of the General Clauses Act, 1897 was treated as inapplicable because section 297 was a complete repealing code with contrary intention. The demand notice stage was regarded as part of the assessment process, so penalty under section 46(1) of the 1922 Act could validly continue as if the 1961 Act had not been enacted. en-us Wed, 19 Jul 1967 00:00:00 +0530 Sun, 08 Feb 2009 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7083 Section 297(2)(f) of the Income-tax Act, 1961 was read as a saving provision preserving penalty proceedings for default in advance tax demanded under section 18A(1) of the repealed 1922 Act, where the demand notices had been issued before 1 April 1962. Section 6 of the General Clauses Act, 1897 was treated as inapplicable because section 297 was a complete repealing code with contrary intention. The demand notice stage was regarded as part of the assessment process, so penalty under section 46(1) of the 1922 Act could validly continue as if the 1961 Act had not been enacted. Case-Laws Income Tax Wed, 19 Jul 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7083