https://www.taxtmi.com/caselaws?id=6293 Reassessment under section 34(1)(b) of the Indian Income-tax Act, 1922 is permissible only where the Income-tax Officer has received information after the original assessment. Because the relevant facts, including receipt of guests' charges from members, were already before the officer when the original assessments were made, and no material showed any later-acquired information, the statutory condition for reopening was not met. The reassessment proceedings were therefore invalid and the issue was decided in favour of the assessee. en-us Wed, 08 Sep 1971 00:00:00 +0530 Wed, 03 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6293 Reassessment under section 34(1)(b) of the Indian Income-tax Act, 1922 is permissible only where the Income-tax Officer has received information after the original assessment. Because the relevant facts, including receipt of guests' charges from members, were already before the officer when the original assessments were made, and no material showed any later-acquired information, the statutory condition for reopening was not met. The reassessment proceedings were therefore invalid and the issue was decided in favour of the assessee. Case-Laws Income Tax Wed, 08 Sep 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6293