https://www.taxtmi.com/caselaws?id=6863 An existing order cancelling firm registration can amount to fresh information or material enabling the Income-tax Officer to form the belief that income had escaped assessment, where the original assessments were made on the basis of registration. The validity of that cancellation cannot be collaterally challenged in the reassessment reference, and the reassessment was not shown to be time-barred or otherwise outside section 34(1)(b). The section 34 proceedings were therefore validly initiated, with the issue answered in favour of the Revenue. en-us Thu, 24 Feb 1966 00:00:00 +0530 Fri, 06 Feb 2009 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6863 An existing order cancelling firm registration can amount to fresh information or material enabling the Income-tax Officer to form the belief that income had escaped assessment, where the original assessments were made on the basis of registration. The validity of that cancellation cannot be collaterally challenged in the reassessment reference, and the reassessment was not shown to be time-barred or otherwise outside section 34(1)(b). The section 34 proceedings were therefore validly initiated, with the issue answered in favour of the Revenue. Case-Laws Income Tax Thu, 24 Feb 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6863