https://www.taxtmi.com/caselaws?id=7838 Section 34(1)(b) of the Indian Income-tax Act, 1922 was treated as conferring composite reassessment jurisdiction covering the different situations stated in the provision. A notice that referred to excessive relief and did not expressly mention the alternative limb of assessment at too low a rate was held not to fail on that ground, because the notice was not a statutory form and the mistaken description did not go to the root of jurisdiction. Rebate granted under the Finance Act, 1956 could affect the measure of tax and amount to assessment at too low a rate, so initiation of proceedings was valid. en-us Wed, 19 Nov 1969 00:00:00 +0530 Thu, 19 Mar 2009 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7838 Section 34(1)(b) of the Indian Income-tax Act, 1922 was treated as conferring composite reassessment jurisdiction covering the different situations stated in the provision. A notice that referred to excessive relief and did not expressly mention the alternative limb of assessment at too low a rate was held not to fail on that ground, because the notice was not a statutory form and the mistaken description did not go to the root of jurisdiction. Rebate granted under the Finance Act, 1956 could affect the measure of tax and amount to assessment at too low a rate, so initiation of proceedings was valid. Case-Laws Income Tax Wed, 19 Nov 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7838