ESTATE OF LATE, RANGALAL JAJODIA vs COMMISSIONER OF INCOME-TAX MADRAS

The Supreme Court held that the second proviso to Section 34(3) of the Income-tax Act, 1922, applies to assessments initiated before the death of the assessee, allowing for continuation against legal representatives. The Court found that the assessments made posthumously were valid as they were initiated prior to the assessee's death and complied with the procedural requirements of Section 24B. The High Court's ruling was overturned, affirming the validity of the assessments against the executors of the will.