https://www.taxtmi.com/caselaws?id=189041 A reassessment under section 34(1)(b) was supported where scrutiny of a later year's return revealed that dividend income had been shown on a receipt basis though it related to an earlier assessment year. On the facts recorded, the Income-tax Officer did not have that information when the original assessment was made. The later discovery of escaped income supplied the basis for reopening, so the challenge to the proceedings failed. en-us Wed, 03 Mar 1965 00:00:00 +0530 Mon, 26 Dec 2016 13:18:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189041 A reassessment under section 34(1)(b) was supported where scrutiny of a later year's return revealed that dividend income had been shown on a receipt basis though it related to an earlier assessment year. On the facts recorded, the Income-tax Officer did not have that information when the original assessment was made. The later discovery of escaped income supplied the basis for reopening, so the challenge to the proceedings failed. Case-Laws Income Tax Wed, 03 Mar 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189041