Supreme Court Upholds Reassessment Notices Issued Under Erstwhile State Income-tax Acts for Part B States. Finance Act, 1950 Section 13(1) Saved Reassessment Provisions and Financial Agreements Did Not Bar Proceedings, as Court Construed 'Levy, Assessment and Collection' to Include Reassessment....
The appeals concerned the validity of reassessment proceedings initiated under erstwhile State income-tax laws after the Indian Income-tax Act, 1922 was extended to Part B States by the Finance Act, 1...




