https://www.taxtmi.com/caselaws?id=12473 HC allowed the petition and quashed the reassessment notice dated October 3, 1997. The court found that a protective assessment and appeals for the same transaction spanned assessment years 1991-92 and 1992-93, with the Revenue uncertain which year was taxable and appellate proceedings pending. Given that uncertainty and lack of any failure or omission by the assessee establishing escapement of income for 1991-92, the HC held the reassessment notice invalid and set it aside. en-us Wed, 26 Dec 2001 00:00:00 +0530 Wed, 01 Oct 2025 21:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12473 HC allowed the petition and quashed the reassessment notice dated October 3, 1997. The court found that a protective assessment and appeals for the same transaction spanned assessment years 1991-92 and 1992-93, with the Revenue uncertain which year was taxable and appellate proceedings pending. Given that uncertainty and lack of any failure or omission by the assessee establishing escapement of income for 1991-92, the HC held the reassessment notice invalid and set it aside. Case-Laws Income Tax Wed, 26 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12473