https://www.taxtmi.com/caselaws?id=6867 Section 34(1)(a) of the Indian Income-tax Act, 1922 could be invoked to reopen assessments for the war years despite section 34(1A), because the later and general reassessment power was not cut down by the special war-year provision and remained effective where income had escaped assessment by reason of non-disclosure of primary facts. Mere acceptance of the original returns or books, including cash credits, did not amount to full and true disclosure, and the reassessment notice was not invalid merely because it did not set out the evidentiary material relied upon. The reopening challenge therefore failed. en-us Mon, 18 Nov 1963 00:00:00 +0530 Fri, 06 Feb 2009 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6867 Section 34(1)(a) of the Indian Income-tax Act, 1922 could be invoked to reopen assessments for the war years despite section 34(1A), because the later and general reassessment power was not cut down by the special war-year provision and remained effective where income had escaped assessment by reason of non-disclosure of primary facts. Mere acceptance of the original returns or books, including cash credits, did not amount to full and true disclosure, and the reassessment notice was not invalid merely because it did not set out the evidentiary material relied upon. The reopening challenge therefore failed. Case-Laws Income Tax Mon, 18 Nov 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6867