https://www.taxtmi.com/caselaws?id=276441 Section 71 provided the normal and mandatory procedure for original assessments, giving the taxpayer the statutory opportunity to furnish a return before assessment. Section 72 was confined to reopening settled cases and making additional assessments, including where later information came to light, and could not be used as an alternative route to bypass the notice-and-return machinery for an original assessment. Read together, the provisions preserved the protection afforded by section 71. The original assessments made before expiry of the time allowed for a return were therefore premature, invalid, and set aside. en-us Mon, 01 Dec 1958 00:00:00 +0530 Mon, 12 Nov 2018 11:35:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276441 Section 71 provided the normal and mandatory procedure for original assessments, giving the taxpayer the statutory opportunity to furnish a return before assessment. Section 72 was confined to reopening settled cases and making additional assessments, including where later information came to light, and could not be used as an alternative route to bypass the notice-and-return machinery for an original assessment. Read together, the provisions preserved the protection afforded by section 71. The original assessments made before expiry of the time allowed for a return were therefore premature, invalid, and set aside. Case-Laws Income Tax Mon, 01 Dec 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276441