https://www.taxtmi.com/caselaws?id=191795 Section 34 reassessment may proceed where tax authorities have factually found that dividend income was omitted from the earlier assessment. A notice need not follow a prescribed form if it adequately informs the assessee of the matter to be addressed. The assessee cannot compel reopening of the entire original assessment merely by asserting that the omitted income may have been assessed under a different head. The reassessment is confined to income found to have escaped assessment, and the challenge fails where the prior assessment and appellate findings establish that the dividend receipts were not included as business income. en-us Tue, 12 Mar 1935 00:00:00 +0530 Sat, 22 Apr 2017 13:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191795 Section 34 reassessment may proceed where tax authorities have factually found that dividend income was omitted from the earlier assessment. A notice need not follow a prescribed form if it adequately informs the assessee of the matter to be addressed. The assessee cannot compel reopening of the entire original assessment merely by asserting that the omitted income may have been assessed under a different head. The reassessment is confined to income found to have escaped assessment, and the challenge fails where the prior assessment and appellate findings establish that the dividend receipts were not included as business income. Case-Laws Income Tax Tue, 12 Mar 1935 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191795