https://www.taxtmi.com/caselaws?id=49563 The Supreme Court, concurring with the High Court and Tribunal, held that the notice issued under section 11(1) of the Business Profits Tax Act on January 12, 1953, for the chargeable accounting period from November 13, 1947, to October 31, 1948, was invalid as it exceeded the four-year limitation period specified in section 14. Consequently, the business profits tax assessment was deemed invalid due to the jurisdictional issue arising from the untimely notice under section 11(1). en-us Fri, 06 May 1960 00:00:00 +0530 Wed, 03 Sep 2014 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49563 The Supreme Court, concurring with the High Court and Tribunal, held that the notice issued under section 11(1) of the Business Profits Tax Act on January 12, 1953, for the chargeable accounting period from November 13, 1947, to October 31, 1948, was invalid as it exceeded the four-year limitation period specified in section 14. Consequently, the business profits tax assessment was deemed invalid due to the jurisdictional issue arising from the untimely notice under section 11(1). Case-Laws Income Tax Fri, 06 May 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49563