Supreme Court of India · 1962-12-12
S. C. PRASHAR, INCOME-TAX OFFICER,MARKET WARD, BOMBAY AND vs VASANTSEN DWARKADAS AND OTHERS
- Citation / case number
- SC 1957/60196
- Court
- Supreme Court of India
- Petitioner
- S. C. PRASHAR, INCOME-TAX OFFICER,MARKET WARD, BOMBAY AND
- Respondent
- VASANTSEN DWARKADAS AND OTHERS
- Author
- DAS, S.K.,KAPURL.,SARKAR, A.K.,HIDAYATULLAH, M.,DAYAL, RAGHUBAR
- Bench
- DAS, S.K.,KAPUR, J.L.,SARKAR, A.K.,HIDAYATULLAH, M.,DAYAL, RAGHUBAR
Judgment text excerpt
The Supreme Court addressed the validity of a notice issued under Section 34 of the Indian Income-tax Act, 1922, concerning the reassessment of income for the firm P.L. The Court held that the Income-tax Officer lacked jurisdiction to issue the notice after the time limit specified in Section 34(1) had expired. The Court also ruled that the second proviso to Section 34(3) was not applicable in this case, and the notice violated Article 14 of the Constitution, thus rendering it invalid.