https://www.taxtmi.com/caselaws?id=147231 Undisclosed income from an unreturned source could not be carried into the assessee's special accounting year merely because it fell under a general head; the ordinary financial year applied, and that objection failed. Reassessment was held not time-barred because the relevant limit governed the making of the assessment order, not the later service of the demand notice; the limitation challenge therefore failed. The unsigned copy served on the assessee did not invalidate an assessment where the original computation was duly signed and made in accordance with law. Rectification under section 35 could be carried out by a successor Income-tax Officer if the statutory conditions were met, and the stay and contempt objections were also rejected. en-us Mon, 29 Jul 1957 00:00:00 +0530 Tue, 13 May 2014 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=147231 Undisclosed income from an unreturned source could not be carried into the assessee's special accounting year merely because it fell under a general head; the ordinary financial year applied, and that objection failed. Reassessment was held not time-barred because the relevant limit governed the making of the assessment order, not the later service of the demand notice; the limitation challenge therefore failed. The unsigned copy served on the assessee did not invalidate an assessment where the original computation was duly signed and made in accordance with law. Rectification under section 35 could be carried out by a successor Income-tax Officer if the statutory conditions were met, and the stay and contempt objections were also rejected. Case-Laws Income Tax Mon, 29 Jul 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=147231