79

Notwithstanding anything to the contrary contained in section 73 or section 74,where a taxable person failsto obtain registration even though liable todo so or whose registration ,, has been cancelled under Subsection-(2) of section 29 but whowasliable topaytax, theprop’er officermayproceedto assess’the tax liability ofsuch taxable person to the best ofhis judgement forthe relevant tax periods and issue an assessment order within a period of five years from the date specified ‘ under section-H for fumishing'ofthe annual return forthe financial year to which the tax not paid relates: ‘ Provided that nosuch assessment order shall be passed withoutgivingthe personanopportunitynfbeingheard. '