https://www.taxtmi.com/caselaws?id=26078 Reassessment for escaped income was sustained even though the notice cited section 147(a), because the facts fit section 147(b) and the wrong clause did not invalidate reopening where jurisdiction otherwise existed. The reassessment was also not time-barred, as it was made to give effect to an appellate finding and direction, bringing it within the statutory exception to limitation. A proceeding initiated in the name of a deceased person was a nullity and could not constitute a pending reassessment when the 1961 Act commenced. The consequential rectification under section 154 was valid as ancillary to the lawful reassessment and appellate direction. en-us Wed, 23 Apr 1986 00:00:00 +0530 Tue, 02 Feb 2010 16:05:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26078 Reassessment for escaped income was sustained even though the notice cited section 147(a), because the facts fit section 147(b) and the wrong clause did not invalidate reopening where jurisdiction otherwise existed. The reassessment was also not time-barred, as it was made to give effect to an appellate finding and direction, bringing it within the statutory exception to limitation. A proceeding initiated in the name of a deceased person was a nullity and could not constitute a pending reassessment when the 1961 Act commenced. The consequential rectification under section 154 was valid as ancillary to the lawful reassessment and appellate direction. Case-Laws Income Tax Wed, 23 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26078