https://www.taxtmi.com/caselaws?id=276806 An amendment extending limitation does not revive an assessment that was already barred under the earlier law unless retrospective revival is stated in clear terms. The Patna HC held that once the limitation period under the unamended section 34(3) had expired, the assessee acquired a vested protection against assessment, which could not be removed by implication through the later retrospective amendment. The assessment made after expiry of the original period was therefore time-barred and invalid, and the referred question was answered in favour of the assessee. en-us Tue, 07 May 1957 00:00:00 +0530 Sat, 17 Nov 2018 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276806 An amendment extending limitation does not revive an assessment that was already barred under the earlier law unless retrospective revival is stated in clear terms. The Patna HC held that once the limitation period under the unamended section 34(3) had expired, the assessee acquired a vested protection against assessment, which could not be removed by implication through the later retrospective amendment. The assessment made after expiry of the original period was therefore time-barred and invalid, and the referred question was answered in favour of the assessee. Case-Laws Income Tax Tue, 07 May 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276806