https://www.taxtmi.com/caselaws?id=18261 A reassessment notice under the Estate Duty Act was treated as exhausted once the disputed valuation of the King Koti Palace had already been adjudicated and given effect in the assessment chain. Later communications were regarded as continuations of the same reassessment process rather than fresh notices, but the Court held that the power to reopen could not remain pending indefinitely. An unexplained delay of more than twelve years in pursuing reassessment was held unreasonable and arbitrary, and the continued proceedings were liable to be quashed. en-us Wed, 03 Apr 1996 00:00:00 +0530 Tue, 29 Sep 2009 17:17:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18261 A reassessment notice under the Estate Duty Act was treated as exhausted once the disputed valuation of the King Koti Palace had already been adjudicated and given effect in the assessment chain. Later communications were regarded as continuations of the same reassessment process rather than fresh notices, but the Court held that the power to reopen could not remain pending indefinitely. An unexplained delay of more than twelve years in pursuing reassessment was held unreasonable and arbitrary, and the continued proceedings were liable to be quashed. Case-Laws Income Tax Wed, 03 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18261