For Reassessment Issue of notice U/s. 148 is mandatory

[1959] 35 ITR 388 (SC) Supreme Court of India Y. Narayana Chetty Versus Income-tax Officer Venkatarama Aiyar, Gajendragadkar and Sarkar jj. C.A. NOS. 317 TO 320 OF 1957 OCTOBER 15, 1958 JUDGMENT These four appeals arise from four petitions filed against the Income-tax Officer, Nellore Circle, Nellore, respondent No. 1, in respect of the proceedings taken by him against three firms under section 34 of the Indian Income-tax Act (hereinafter called the Act). The firm M/s. Bellapu Audeyya and Chilla Pitchayya was formed on April 20, 1936, and it was dissolved on March 31, 1948. ...