https://www.taxtmi.com/caselaws?id=193073 Proceedings for reassessment under section 34 cannot ordinarily be used to reopen matters concluded by an unappealed original assessment, because the original order becomes final and conclusive. On the facts, the assessee was not attempting to reopen a concluded item; the complaint was that the reassessment ignored the original order's qualifying direction that the business income was subject to adjustment. Since the reassessment departed from and failed to give effect to the final assessment order, the appeal to the Appellate Assistant Commissioner was competent and the referred question was answered in the affirmative. en-us Thu, 02 Aug 1956 00:00:00 +0530 Wed, 12 Jul 2017 14:41:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193073 Proceedings for reassessment under section 34 cannot ordinarily be used to reopen matters concluded by an unappealed original assessment, because the original order becomes final and conclusive. On the facts, the assessee was not attempting to reopen a concluded item; the complaint was that the reassessment ignored the original order's qualifying direction that the business income was subject to adjustment. Since the reassessment departed from and failed to give effect to the final assessment order, the appeal to the Appellate Assistant Commissioner was competent and the referred question was answered in the affirmative. Case-Laws Income Tax Thu, 02 Aug 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193073