https://www.taxtmi.com/caselaws?id=36893 Notice under section 55 of the Estate Duty Act, issued and served before expiry of five years from the death, was treated as commencement of proceedings, so the limitation bar under section 73A was satisfied in favour of the Revenue. An account filed in response to that notice was treated as an account under section 53(1); its filing beyond six months and in Form ED-5 did not prevent the assessment machinery from operating. Because a further notice under section 58(2) was not complied with, the best judgment assessment under section 58(4) was upheld against the assessee. en-us Tue, 30 Oct 1979 00:00:00 +0530 Thu, 25 Mar 2010 12:16:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36893 Notice under section 55 of the Estate Duty Act, issued and served before expiry of five years from the death, was treated as commencement of proceedings, so the limitation bar under section 73A was satisfied in favour of the Revenue. An account filed in response to that notice was treated as an account under section 53(1); its filing beyond six months and in Form ED-5 did not prevent the assessment machinery from operating. Because a further notice under section 58(2) was not complied with, the best judgment assessment under section 58(4) was upheld against the assessee. Case-Laws Income Tax Tue, 30 Oct 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36893