https://www.taxtmi.com/caselaws?id=49639 The court dismissed the Travancore-Cochin appeals, affirming the jurisdiction of Income-tax Officers to issue reassessment notices and interpreting Section 13(1) of the Finance Act, 1950, to include reassessment. In contrast, the court allowed the Mysore appeals, overturning the Mysore High Court's judgment, and held that reassessment fell within the scope of Section 13(1) of the Finance Act, 1950, unaffected by financial agreements. The outcome resulted in the dismissal of the Travancore-Cochin appeals and the allowance of the Mysore appeals in both the Supreme Court and the High Court of Mysore. en-us Mon, 28 Apr 1958 00:00:00 +0530 Thu, 19 Jan 2017 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49639 The court dismissed the Travancore-Cochin appeals, affirming the jurisdiction of Income-tax Officers to issue reassessment notices and interpreting Section 13(1) of the Finance Act, 1950, to include reassessment. In contrast, the court allowed the Mysore appeals, overturning the Mysore High Court's judgment, and held that reassessment fell within the scope of Section 13(1) of the Finance Act, 1950, unaffected by financial agreements. The outcome resulted in the dismissal of the Travancore-Cochin appeals and the allowance of the Mysore appeals in both the Supreme Court and the High Court of Mysore. Case-Laws Income Tax Mon, 28 Apr 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49639