https://www.taxtmi.com/caselaws?id=7634 Section 297(2)(d)(i) of the Income-tax Act, 1961, was examined as a saving provision preserving reassessment proceedings already initiated by notice under section 34 of the repealed Act. The Court applied Article 14 classification principles and held that proceedings commenced by service of notice under section 34 form a distinct class of pending matters, capable of valid legislative preservation on repeal. It further held that such classification has a rational nexus with the statutory scheme and that no unconstitutional discrimination arises merely because the repealed and repealing enactments differ in their overall incidence. The provision was therefore upheld as valid and consistent with Article 14. en-us Fri, 06 Dec 1968 00:00:00 +0530 Tue, 17 Mar 2009 08:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7634 Section 297(2)(d)(i) of the Income-tax Act, 1961, was examined as a saving provision preserving reassessment proceedings already initiated by notice under section 34 of the repealed Act. The Court applied Article 14 classification principles and held that proceedings commenced by service of notice under section 34 form a distinct class of pending matters, capable of valid legislative preservation on repeal. It further held that such classification has a rational nexus with the statutory scheme and that no unconstitutional discrimination arises merely because the repealed and repealing enactments differ in their overall incidence. The provision was therefore upheld as valid and consistent with Article 14. Case-Laws Income Tax Fri, 06 Dec 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7634