https://www.taxtmi.com/caselaws?id=49628 A statutory notice under section 34 of the Income-tax Act, 1922 was treated as a condition precedent to reassessment, and notice to the firm as assessee was valid even though the firm had been dissolved; the reassessment proceedings were therefore within jurisdiction. Rule 6B of the Income-tax Rules was also upheld as intra vires because it addressed cancellation of registration where a firm was found never to have been genuine, which was distinct from penal cancellation under the assessment provisions for default by a genuine registered firm. The cancellation of registration was consequently sustained, and both challenges failed. en-us Wed, 15 Oct 1958 00:00:00 +0530 Wed, 03 Feb 2016 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49628 A statutory notice under section 34 of the Income-tax Act, 1922 was treated as a condition precedent to reassessment, and notice to the firm as assessee was valid even though the firm had been dissolved; the reassessment proceedings were therefore within jurisdiction. Rule 6B of the Income-tax Rules was also upheld as intra vires because it addressed cancellation of registration where a firm was found never to have been genuine, which was distinct from penal cancellation under the assessment provisions for default by a genuine registered firm. The cancellation of registration was consequently sustained, and both challenges failed. Case-Laws Income Tax Wed, 15 Oct 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49628