https://www.taxtmi.com/caselaws?id=70801 A later Supreme Court decision clarifying the correct taxable status can constitute "information" for reopening wealth-tax assessments under section 17(1)(b) when the original assessment proceeded on an erroneous view of law. On the facts discussed, the assessee, unmarried at the time of family partition, was held assessable as an individual rather than as a Hindu undivided family, so the reassessments were sustained. The commentary also notes that a subsequent judicial pronouncement may justify reopening once it comes to the assessing authority's notice after the original assessment, though the dissent would have limited that result for later years. en-us Thu, 22 Jan 1981 00:00:00 +0530 Tue, 19 Apr 2011 12:50:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70801 A later Supreme Court decision clarifying the correct taxable status can constitute "information" for reopening wealth-tax assessments under section 17(1)(b) when the original assessment proceeded on an erroneous view of law. On the facts discussed, the assessee, unmarried at the time of family partition, was held assessable as an individual rather than as a Hindu undivided family, so the reassessments were sustained. The commentary also notes that a subsequent judicial pronouncement may justify reopening once it comes to the assessing authority's notice after the original assessment, though the dissent would have limited that result for later years. Case-Laws Wealth-tax Thu, 22 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70801