https://www.taxtmi.com/caselaws?id=35969 Section 59 of the Estate Duty Act, 1953, which introduced a wider power to reopen escaped property assessments, could not be applied retrospectively to disturb an assessment finally completed before the amendment came into force. The court treated this reopening power as substantively different from the earlier rectification power under section 62 and held that, absent express language or necessary implication, the amendment did not authorise reassessment of a completed case. Pendency of an appeal on other issues did not remove the finality of the completed assessment for this purpose, so the reassessment was impermissible and its cancellation stood. en-us Wed, 26 Nov 1980 00:00:00 +0530 Thu, 18 Mar 2010 12:11:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35969 Section 59 of the Estate Duty Act, 1953, which introduced a wider power to reopen escaped property assessments, could not be applied retrospectively to disturb an assessment finally completed before the amendment came into force. The court treated this reopening power as substantively different from the earlier rectification power under section 62 and held that, absent express language or necessary implication, the amendment did not authorise reassessment of a completed case. Pendency of an appeal on other issues did not remove the finality of the completed assessment for this purpose, so the reassessment was impermissible and its cancellation stood. Case-Laws Income Tax Wed, 26 Nov 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35969