https://www.taxtmi.com/caselaws?id=276480 The amended general reopening provision was held to apply to war-year escape cases, because section 34(1)(a) of the Income-tax Act, 1922 was not confined by implication to matters outside section 34(1A). The later Finance Act, 1956 amendment removed the eight-year bar for escaped income of one lakh rupees or more, and the Court read the statute by its amended text rather than by an unstated restriction. The reopening notices were therefore valid under section 34(1)(a) and were not barred by limitation for the valid assessment years, subject to the statutory conditions on prior-year cut-off, recorded reasons, and sanction. en-us Thu, 23 Jul 1964 00:00:00 +0530 Mon, 12 Nov 2018 17:25:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276480 The amended general reopening provision was held to apply to war-year escape cases, because section 34(1)(a) of the Income-tax Act, 1922 was not confined by implication to matters outside section 34(1A). The later Finance Act, 1956 amendment removed the eight-year bar for escaped income of one lakh rupees or more, and the Court read the statute by its amended text rather than by an unstated restriction. The reopening notices were therefore valid under section 34(1)(a) and were not barred by limitation for the valid assessment years, subject to the statutory conditions on prior-year cut-off, recorded reasons, and sanction. Case-Laws Income Tax Thu, 23 Jul 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276480