https://www.taxtmi.com/caselaws?id=49567 Central Government competence to act on a State Investigation Commission report was affirmed where national legislation extends and modifies state law to substitute the Centre for the State; that competence authorised a valid direction to initiate or reopen assessment proceedings. The Investigation Commission's findings were treated as final for assessment or reassessment and the statutory removal of limitation permitted reassessment despite prior assessment or lapse of time. Consequentially the Government direction and the Income-tax Officer's reassessment implementing the Commission's report were upheld in favour of Revenue. en-us Thu, 01 Sep 1960 00:00:00 +0530 Tue, 02 Sep 2014 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49567 Central Government competence to act on a State Investigation Commission report was affirmed where national legislation extends and modifies state law to substitute the Centre for the State; that competence authorised a valid direction to initiate or reopen assessment proceedings. The Investigation Commission's findings were treated as final for assessment or reassessment and the statutory removal of limitation permitted reassessment despite prior assessment or lapse of time. Consequentially the Government direction and the Income-tax Officer's reassessment implementing the Commission's report were upheld in favour of Revenue. Case-Laws Income Tax Thu, 01 Sep 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49567