https://www.taxtmi.com/caselaws?id=13578 Repeal and saving provisions under the new Agricultural Income-tax Act preserved rights, liabilities and pending proceedings under the repealed Act, but did not extend the time to reopen or complete escaped assessments for pre-commencement years. For assessment year 1986-87, the escaped agricultural income assessment remained governed by the five-year limitation in section 35 of the old Act, and section 41(1) of the new Act could not enlarge that period. The assessment was therefore time-barred and unenforceable, with the assessee succeeding on the limitation issue. en-us Mon, 25 Sep 2006 00:00:00 +0530 Fri, 29 May 2009 18:10:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13578 Repeal and saving provisions under the new Agricultural Income-tax Act preserved rights, liabilities and pending proceedings under the repealed Act, but did not extend the time to reopen or complete escaped assessments for pre-commencement years. For assessment year 1986-87, the escaped agricultural income assessment remained governed by the five-year limitation in section 35 of the old Act, and section 41(1) of the new Act could not enlarge that period. The assessment was therefore time-barred and unenforceable, with the assessee succeeding on the limitation issue. Case-Laws Income Tax Mon, 25 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13578