https://www.taxtmi.com/caselaws?id=180846 Assessments remained valid because the Income-tax Officer had jurisdiction to complete them on the basis of the assessees' voluntary returns filed before assessment. Although proceedings were initiated under section 34 of the Income-tax Act, 1922, that provision was inapplicable where there had been no omission or failure to return income, but the wrong statutory reference did not invalidate the assessments when the power to assess otherwise existed and the assessments were completed within limitation. The legal objection therefore failed, and the assessments were sustained. en-us Mon, 13 Aug 1962 00:00:00 +0530 Sat, 02 Apr 2016 16:25:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180846 Assessments remained valid because the Income-tax Officer had jurisdiction to complete them on the basis of the assessees' voluntary returns filed before assessment. Although proceedings were initiated under section 34 of the Income-tax Act, 1922, that provision was inapplicable where there had been no omission or failure to return income, but the wrong statutory reference did not invalidate the assessments when the power to assess otherwise existed and the assessments were completed within limitation. The legal objection therefore failed, and the assessments were sustained. Case-Laws Income Tax Mon, 13 Aug 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180846