https://www.taxtmi.com/caselaws?id=16255 The appellate order was only partly allowed and set aside the addition of Rs. 50,000, so the original assessment and demand continued to operate to the extent finally upheld. A demand notice remains effective for tax ultimately found payable, and recovery may proceed on the reduced liability without issuing a fresh notice where the earlier assessment is not wholly displaced. Section 3 of the Taxation Laws (Continuation and Validation of Recovery Proceedings) Act, 1964 supports continuation of recovery proceedings on the revised amount. On that basis, the demand notice and the order rejecting relief under section 264 were valid. en-us Fri, 04 Dec 1998 00:00:00 +0530 Fri, 04 Sep 2009 17:09:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16255 The appellate order was only partly allowed and set aside the addition of Rs. 50,000, so the original assessment and demand continued to operate to the extent finally upheld. A demand notice remains effective for tax ultimately found payable, and recovery may proceed on the reduced liability without issuing a fresh notice where the earlier assessment is not wholly displaced. Section 3 of the Taxation Laws (Continuation and Validation of Recovery Proceedings) Act, 1964 supports continuation of recovery proceedings on the revised amount. On that basis, the demand notice and the order rejecting relief under section 264 were valid. Case-Laws Income Tax Fri, 04 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16255