https://www.taxtmi.com/caselaws?id=27321 An amendment to a procedural limitation provision applies where the limitation period had not begun to run before the amendment took effect, so the assessee had no vested right to rely on the unamended section 275 and the penalty order was within time. A reasonable opportunity of hearing is satisfied where notice is issued, an explanation is filed, appearances are made, and the assessee is later heard on merits; absence of prejudice from refusal of a further adjournment defeats the complaint. The penalty was thus sustained. en-us Tue, 20 Oct 1981 00:00:00 +0530 Fri, 12 Feb 2010 11:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27321 An amendment to a procedural limitation provision applies where the limitation period had not begun to run before the amendment took effect, so the assessee had no vested right to rely on the unamended section 275 and the penalty order was within time. A reasonable opportunity of hearing is satisfied where notice is issued, an explanation is filed, appearances are made, and the assessee is later heard on merits; absence of prejudice from refusal of a further adjournment defeats the complaint. The penalty was thus sustained. Case-Laws Income Tax Tue, 20 Oct 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27321