https://www.taxtmi.com/caselaws?id=25194 Reassessment notices under section 148 of the Income-tax Act are not invalid merely because they refer to the previous year and corresponding assessment year in the statutory formula, where the meaning is clear on its face and there is no real ambiguity. The Bombay High Court noted that a person familiar with income-tax law would understand the notices, and the assessee's filing of returns pursuant to them further supported clarity. On that basis, the notices were held valid and the reassessment proceedings were not bad in law or void. en-us Thu, 29 Jan 1987 00:00:00 +0530 Wed, 27 Jan 2010 11:15:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25194 Reassessment notices under section 148 of the Income-tax Act are not invalid merely because they refer to the previous year and corresponding assessment year in the statutory formula, where the meaning is clear on its face and there is no real ambiguity. The Bombay High Court noted that a person familiar with income-tax law would understand the notices, and the assessee's filing of returns pursuant to them further supported clarity. On that basis, the notices were held valid and the reassessment proceedings were not bad in law or void. Case-Laws Income Tax Thu, 29 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25194