https://www.taxtmi.com/caselaws?id=39886 An adaptation order making the Excess Profits Tax Act, 1940 inapplicable in Bellary district was treated in substance as a repeal for that area, so section 6 of the General Clauses Act, 1897 applied to preserve accrued rights and liabilities. A liability to excess profits tax arises at the close of the chargeable accounting period, not only on assessment. Because the liability had already accrued before the Act ceased to apply in Bellary, section 6(c) saved it and proceedings under section 15 could continue against the assessee. en-us Tue, 02 May 1967 00:00:00 +0530 Tue, 12 Aug 2014 09:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39886 An adaptation order making the Excess Profits Tax Act, 1940 inapplicable in Bellary district was treated in substance as a repeal for that area, so section 6 of the General Clauses Act, 1897 applied to preserve accrued rights and liabilities. A liability to excess profits tax arises at the close of the chargeable accounting period, not only on assessment. Because the liability had already accrued before the Act ceased to apply in Bellary, section 6(c) saved it and proceedings under section 15 could continue against the assessee. Case-Laws Income Tax Tue, 02 May 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39886