https://www.taxtmi.com/caselaws?id=18198 Retrospective validating amendments to agricultural income-tax assessment machinery may cure defects identified in earlier judicial decisions where the Legislature has substantive competence and removes the basis of invalidity. Limitation for assessment or reassessment is treated as a procedural collection mechanism rather than a vested immunity; an express statutory amendment may therefore revive expired proceedings. Coffee back-pool payments attributable to agricultural operations of an erstwhile HUF may be assessed in the deemed HUF's hands, without impermissible double taxation where individual assessments do not concern the correct taxable entity. Retrospective validation can also preserve demands without fresh proceedings under the prescribed notice process. en-us Fri, 24 Nov 1995 00:00:00 +0530 Tue, 29 Sep 2009 14:10:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18198 Retrospective validating amendments to agricultural income-tax assessment machinery may cure defects identified in earlier judicial decisions where the Legislature has substantive competence and removes the basis of invalidity. Limitation for assessment or reassessment is treated as a procedural collection mechanism rather than a vested immunity; an express statutory amendment may therefore revive expired proceedings. Coffee back-pool payments attributable to agricultural operations of an erstwhile HUF may be assessed in the deemed HUF's hands, without impermissible double taxation where individual assessments do not concern the correct taxable entity. Retrospective validation can also preserve demands without fresh proceedings under the prescribed notice process. Case-Laws Income Tax Fri, 24 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18198