https://www.taxtmi.com/caselaws?id=38610 Under the Income-tax Act, 1961, the word "issued" in section 149 was held to mean the act of issuance and not service of the reassessment notice; on that construction, notices for the assessment years 1965-66 and 1966-67 were time-barred and quashed. For the assessment year 1969-70, the Court declined to examine the reassessment objections on merits because an effective statutory remedy was available, and writ jurisdiction was therefore not invoked. The commentary distinguishes section 149 from the 1922 Act scheme considered in earlier authority and confirms that service is separately required under section 148 before reassessment can proceed. en-us Tue, 12 Apr 1977 00:00:00 +0530 Wed, 07 Apr 2010 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38610 Under the Income-tax Act, 1961, the word "issued" in section 149 was held to mean the act of issuance and not service of the reassessment notice; on that construction, notices for the assessment years 1965-66 and 1966-67 were time-barred and quashed. For the assessment year 1969-70, the Court declined to examine the reassessment objections on merits because an effective statutory remedy was available, and writ jurisdiction was therefore not invoked. The commentary distinguishes section 149 from the 1922 Act scheme considered in earlier authority and confirms that service is separately required under section 148 before reassessment can proceed. Case-Laws Income Tax Tue, 12 Apr 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38610