https://www.taxtmi.com/caselaws?id=36629 Notices issued for reassessment of earlier assessment years were treated as valid because the saving and transitory scheme extended the reassessment machinery to pre-1962 years. Ordinary limitation under section 149 was displaced where reassessment was required to give effect to a finding or direction in appellate, reference, or revision proceedings, and the phrase "under this Act" in section 150(1) was read mutatis mutandis to cover proceedings under the repealed Act. The notices were therefore not barred by limitation and could be issued at any time to implement appellate findings or directions. en-us Wed, 21 Dec 1977 00:00:00 +0530 Tue, 23 Mar 2010 15:32:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36629 Notices issued for reassessment of earlier assessment years were treated as valid because the saving and transitory scheme extended the reassessment machinery to pre-1962 years. Ordinary limitation under section 149 was displaced where reassessment was required to give effect to a finding or direction in appellate, reference, or revision proceedings, and the phrase "under this Act" in section 150(1) was read mutatis mutandis to cover proceedings under the repealed Act. The notices were therefore not barred by limitation and could be issued at any time to implement appellate findings or directions. Case-Laws Income Tax Wed, 21 Dec 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36629