https://www.taxtmi.com/caselaws?id=246041 Search material indicating possible undisclosed income of an assessee may support reopening under Section 147 on reasons to believe, even where the information emerges from a search connected with another person. The reassessment route under Section 147 operates independently of the special block assessment procedure in Chapter XIV-B, and the two mechanisms are treated as separate statutory remedies. On that basis, the Assessing Officer may proceed under either route according to the facts, and the jurisdictional challenge to reopening was rejected in the text. en-us Mon, 24 Mar 2014 00:00:00 +0530 Tue, 15 Apr 2014 10:06:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246041 Search material indicating possible undisclosed income of an assessee may support reopening under Section 147 on reasons to believe, even where the information emerges from a search connected with another person. The reassessment route under Section 147 operates independently of the special block assessment procedure in Chapter XIV-B, and the two mechanisms are treated as separate statutory remedies. On that basis, the Assessing Officer may proceed under either route according to the facts, and the jurisdictional challenge to reopening was rejected in the text. Case-Laws Income Tax Mon, 24 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246041