https://www.taxtmi.com/caselaws?id=276297 Under the Assam Agricultural Income-tax Act, 1939, escaped agricultural income for a completed financial year had to be dealt with under the special escaped-assessment machinery, and a best judgment assessment under section 20(4) could not be sustained after the year ended without the notice required by section 30. The proviso to section 20(4) did not cure the absence of jurisdiction where no timely individual notice had been issued. The article also notes that section 20A applied to discontinuance of business by a firm or association, not to a mere sale of a tea estate; transfer of the estate did not itself impose a duty on the transferors to notify discontinuance. en-us Thu, 04 Apr 1963 00:00:00 +0530 Mon, 05 Nov 2018 13:23:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276297 Under the Assam Agricultural Income-tax Act, 1939, escaped agricultural income for a completed financial year had to be dealt with under the special escaped-assessment machinery, and a best judgment assessment under section 20(4) could not be sustained after the year ended without the notice required by section 30. The proviso to section 20(4) did not cure the absence of jurisdiction where no timely individual notice had been issued. The article also notes that section 20A applied to discontinuance of business by a firm or association, not to a mere sale of a tea estate; transfer of the estate did not itself impose a duty on the transferors to notify discontinuance. Case-Laws Income Tax Thu, 04 Apr 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276297