https://www.taxtmi.com/caselaws?id=49529 Retrospective substitution of section 34 of the Indian Income-tax Act, 1922 made prior approval of the Commissioner a mandatory condition before issue of a reassessment notice. Notices issued after the retrospective commencement date had to comply with the amended provision, including recorded reasons and the Commissioner's satisfaction that the case was fit for notice. The general saving rule in section 6 of the General Clauses Act, 1897 did not preserve the earlier notices because the amending Act showed a contrary legislative intention. Reassessment notices issued without the required prior approval were therefore invalid. en-us Tue, 29 Nov 1960 00:00:00 +0530 Mon, 01 Sep 2014 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49529 Retrospective substitution of section 34 of the Indian Income-tax Act, 1922 made prior approval of the Commissioner a mandatory condition before issue of a reassessment notice. Notices issued after the retrospective commencement date had to comply with the amended provision, including recorded reasons and the Commissioner's satisfaction that the case was fit for notice. The general saving rule in section 6 of the General Clauses Act, 1897 did not preserve the earlier notices because the amending Act showed a contrary legislative intention. Reassessment notices issued without the required prior approval were therefore invalid. Case-Laws Income Tax Tue, 29 Nov 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49529