https://www.taxtmi.com/caselaws?id=77907 The Bombay HC held that under Section 147 of the Income Tax Act, 1961, when the Assessing Officer has reason to believe income has escaped assessment, he may assess or reassess such income and also any other income that comes to notice during proceedings. The court emphasized that the words "and also" are used cumulatively and conjunctively, not alternatively. Reading these words as alternatives would constitute rewriting Parliament's language. The provision allows reassessment of both the originally suspected escaped income and any additional escaped income discovered during proceedings. en-us Mon, 12 Apr 2010 00:00:00 +0530 Tue, 13 May 2025 13:16:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77907 The Bombay HC held that under Section 147 of the Income Tax Act, 1961, when the Assessing Officer has reason to believe income has escaped assessment, he may assess or reassess such income and also any other income that comes to notice during proceedings. The court emphasized that the words "and also" are used cumulatively and conjunctively, not alternatively. Reading these words as alternatives would constitute rewriting Parliament's language. The provision allows reassessment of both the originally suspected escaped income and any additional escaped income discovered during proceedings. Case-Laws Income Tax Mon, 12 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77907