https://www.taxtmi.com/caselaws?id=166288 A return is not rendered invalid merely because it omits particulars required by the prescribed form or states income as approximate. On that basis, the income-tax officer could accept the return as valid and proceed with assessment under Section 23(3) when not satisfied that it was correct and complete. The incompleteness of the return did not nullify the assessment proceedings or deprive the appellate authority of jurisdiction. A later attempt to characterise the assessment as one under Section 23(4) was too late and, in any event, depended on facts not investigated below. The penalty under Section 28(1) was therefore within jurisdiction. en-us Tue, 17 Jun 1947 00:00:00 +0530 Wed, 17 Sep 2014 08:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166288 A return is not rendered invalid merely because it omits particulars required by the prescribed form or states income as approximate. On that basis, the income-tax officer could accept the return as valid and proceed with assessment under Section 23(3) when not satisfied that it was correct and complete. The incompleteness of the return did not nullify the assessment proceedings or deprive the appellate authority of jurisdiction. A later attempt to characterise the assessment as one under Section 23(4) was too late and, in any event, depended on facts not investigated below. The penalty under Section 28(1) was therefore within jurisdiction. Case-Laws Income Tax Tue, 17 Jun 1947 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166288