https://www.taxtmi.com/caselaws?id=290234 Section 34 of the Income-tax Act, 1922 was held to require only substantial compliance with the statutory notice requirements; a notice in letter form remained valid because it contained the particulars required by Section 22(2). The Court also construed the words "in any year" to mean the assessment year in which proceedings should ordinarily have been initiated, so the limitation period ran from that year and could not be extended indefinitely by later cancellation or revision of an earlier assessment. On that basis, the notice was treated as time-barred and invalid. en-us Fri, 25 Aug 1933 00:00:00 +0530 Mon, 19 Jul 2021 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290234 Section 34 of the Income-tax Act, 1922 was held to require only substantial compliance with the statutory notice requirements; a notice in letter form remained valid because it contained the particulars required by Section 22(2). The Court also construed the words "in any year" to mean the assessment year in which proceedings should ordinarily have been initiated, so the limitation period ran from that year and could not be extended indefinitely by later cancellation or revision of an earlier assessment. On that basis, the notice was treated as time-barred and invalid. Case-Laws Income Tax Fri, 25 Aug 1933 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290234