https://www.taxtmi.com/caselaws?id=7929 On a remand for fresh assessment, the Income-tax Officer retained the powers of the original assessment, subject to the appellate directions under section 31(3)(b) of the Indian Income-tax Act, 1922. Because the remand required a fresh assessment after examining specified witnesses and did not confine the officer to a mere arithmetical recomputation, he could re-examine the assessment record and consider deposits already on record for their true character. The High Court held that the officer was entitled to treat the additional deposits as income of the assessee-firm, and the question was answered in the affirmative against the assessee. en-us Thu, 06 Aug 1970 00:00:00 +0530 Tue, 24 Mar 2009 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7929 On a remand for fresh assessment, the Income-tax Officer retained the powers of the original assessment, subject to the appellate directions under section 31(3)(b) of the Indian Income-tax Act, 1922. Because the remand required a fresh assessment after examining specified witnesses and did not confine the officer to a mere arithmetical recomputation, he could re-examine the assessment record and consider deposits already on record for their true character. The High Court held that the officer was entitled to treat the additional deposits as income of the assessee-firm, and the question was answered in the affirmative against the assessee. Case-Laws Income Tax Thu, 06 Aug 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7929