https://www.taxtmi.com/caselaws?id=8626 The court upheld the Income-tax Officer's jurisdiction under section 147(b) of the Income-tax Act to reopen the assessment of a tea plantation company for claiming a deduction for provident fund contributions that were actually arrears from previous years. The court determined that even if the information could have been discovered earlier, its subsequent revelation justified reassessment. The reassessment orders were upheld, dismissing the company's writ petition and directing each party to bear their own costs. en-us Wed, 14 Jul 1971 00:00:00 +0530 Fri, 08 May 2009 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8626 The court upheld the Income-tax Officer's jurisdiction under section 147(b) of the Income-tax Act to reopen the assessment of a tea plantation company for claiming a deduction for provident fund contributions that were actually arrears from previous years. The court determined that even if the information could have been discovered earlier, its subsequent revelation justified reassessment. The reassessment orders were upheld, dismissing the company's writ petition and directing each party to bear their own costs. Case-Laws Income Tax Wed, 14 Jul 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8626