https://www.taxtmi.com/caselaws?id=168682 A valid reassessment under section 34(1)(a) of the Indian Income-tax Act, 1922 operates as a fresh assessment proceeding, not a limited inquiry confined to the item that first triggered reopening. Once reopened, the Income-tax Officer may proceed de novo and assess all income that had escaped assessment, because the assessee remains bound to disclose the whole of total income. The court rejected any distinction that would confine reassessment to the particular escaped item identified at the reopening stage, and held that the impugned share income was validly includible in the reopened assessment. en-us Wed, 19 Sep 1962 00:00:00 +0530 Sat, 21 Mar 2015 18:24:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168682 A valid reassessment under section 34(1)(a) of the Indian Income-tax Act, 1922 operates as a fresh assessment proceeding, not a limited inquiry confined to the item that first triggered reopening. Once reopened, the Income-tax Officer may proceed de novo and assess all income that had escaped assessment, because the assessee remains bound to disclose the whole of total income. The court rejected any distinction that would confine reassessment to the particular escaped item identified at the reopening stage, and held that the impugned share income was validly includible in the reopened assessment. Case-Laws Income Tax Wed, 19 Sep 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168682