https://www.taxtmi.com/caselaws?id=763533 Reopening of assessment under the reassessment provisions was examined with focus on whether the non obstante clause allowed issuance of a reassessment notice beyond the statutory limitation to implement prior judicial findings. The court held that the non obstante provision applies only where an earlier order contains dispositive findings or directions requiring a notice to give effect; absent such dispositive findings, issuance of a notice for reassessment was not warranted. Because prior orders did not direct that the undisclosed income be assessed in the taxpayer's hands, the conditions for invoking the special provision were unmet and the reassessment notice was invalid, favouring the taxpayer. en-us Fri, 13 Dec 2024 00:00:00 +0530 Tue, 10 Feb 2026 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763533 Reopening of assessment under the reassessment provisions was examined with focus on whether the non obstante clause allowed issuance of a reassessment notice beyond the statutory limitation to implement prior judicial findings. The court held that the non obstante provision applies only where an earlier order contains dispositive findings or directions requiring a notice to give effect; absent such dispositive findings, issuance of a notice for reassessment was not warranted. Because prior orders did not direct that the undisclosed income be assessed in the taxpayer's hands, the conditions for invoking the special provision were unmet and the reassessment notice was invalid, favouring the taxpayer. Case-Laws Income Tax Fri, 13 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763533