Supreme Court Dismisses State Appeals, Upholding Quashing of Agricultural Income-tax Assessments for Lack of Individual Notices and Limitation. Best Judgment Assessments Under Section 20(4) of Assam Agricultural Income-tax Act, 1939 Are Invalid if No Individual Notice Under Section 19(2) Was Served and No Escaped Assessment Proceedings Under Section 30 Were Initiated Within Three Years of Financial Year.
7 Aug 1969The case involved two sets of assessees who owned or purchased tea estates in Assam and were subjected to agricultural income-tax assessments for seve...
