https://www.taxtmi.com/caselaws?id=7905 Reassessment under the Income-tax Act, 1961 could be invoked only where the limitation period for proceedings under section 34 of the Indian Income-tax Act, 1922 had not already expired. On the recorded reasons, the concealed income was treated as about Rs. 59,000, so the matter remained within the 1922 Act framework and the reassessment was time-barred and without jurisdiction. The availability of an appellate remedy did not bar relief under article 226 where the assessment order was ex facie without jurisdiction, so writ jurisdiction could still be exercised. The assessment order and consequential demand notice were quashed on these grounds. en-us Thu, 12 Mar 1970 00:00:00 +0530 Tue, 24 Mar 2009 09:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7905 Reassessment under the Income-tax Act, 1961 could be invoked only where the limitation period for proceedings under section 34 of the Indian Income-tax Act, 1922 had not already expired. On the recorded reasons, the concealed income was treated as about Rs. 59,000, so the matter remained within the 1922 Act framework and the reassessment was time-barred and without jurisdiction. The availability of an appellate remedy did not bar relief under article 226 where the assessment order was ex facie without jurisdiction, so writ jurisdiction could still be exercised. The assessment order and consequential demand notice were quashed on these grounds. Case-Laws Income Tax Thu, 12 Mar 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7905