https://www.taxtmi.com/caselaws?id=190551 The Madras HC considered whether a notice to reopen an assessment for escaped income was valid where the Income-tax Officer lacked definite information about the state of the law when the notice was issued. Interpreting "definite information" under section 34 as amended in 1939, the court noted that some material must exist in the officer's possession to trigger the provision, and a later judicial decision may qualify as information on the law only if it has already been rendered. Because no such decision existed on the date of the notice, the officer had not obtained definite information and the assessment could not be reopened on that basis. The notice was held incompetent and the reopening invalid. en-us Fri, 02 Mar 1945 00:00:00 +0630 Sat, 18 Feb 2017 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190551 The Madras HC considered whether a notice to reopen an assessment for escaped income was valid where the Income-tax Officer lacked definite information about the state of the law when the notice was issued. Interpreting "definite information" under section 34 as amended in 1939, the court noted that some material must exist in the officer's possession to trigger the provision, and a later judicial decision may qualify as information on the law only if it has already been rendered. Because no such decision existed on the date of the notice, the officer had not obtained definite information and the assessment could not be reopened on that basis. The notice was held incompetent and the reopening invalid. Case-Laws Income Tax Fri, 02 Mar 1945 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=190551