1967 (4) TMI 1 - SUPREME COURT

Whether the asst. in pursuance of the notice issued u/s 34 is a valid asst. - ITO was legally justified in ignoring the 1st notice issued u/s 34 & the return filed by the assessee in response to that notice and consequently the asst. made in pursuance of the 2nd notice issued on Feb. 12, 1958, was a valid asst.- question of law referred to the H. C. should be answered in the affirmative & against the assessee - Appeal of revenue is allowed