https://www.taxtmi.com/circulars?id=8813 Reopening assessments must be supported by a formally recorded statement of reasons using a revised form; Income-tax Officers must specify the exact income believed to have escaped, explain the method of computation, indicate which limb of reopening applies, attach detailed notes when information post-dates the original assessment, and record facts bearing on procedural bars. The Board's prior approval is required for reopenings beyond the extended time limit, and officers must ascertain whether a voluntary return exists before issuing a notice. en-us Wed, 12 Jan 1972 00:00:00 +0530 Fri, 27 May 2011 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8813 Reopening assessments must be supported by a formally recorded statement of reasons using a revised form; Income-tax Officers must specify the exact income believed to have escaped, explain the method of computation, indicate which limb of reopening applies, attach detailed notes when information post-dates the original assessment, and record facts bearing on procedural bars. The Board's prior approval is required for reopenings beyond the extended time limit, and officers must ascertain whether a voluntary return exists before issuing a notice. Circulars Income Tax Wed, 12 Jan 1972 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8813