https://www.taxtmi.com/caselaws?id=277043 Income already disclosed to and assessed by the revenue does not become "escaped assessment" merely because the original assessment was later set aside for wrong categorisation, so reassessment under section 34 was not justified. An impartible ancestral estate governed by primogeniture may still retain the character of Hindu family property, meaning the holder can be assessed as the managing member of a Hindu undivided family rather than as an individual. A fixed annual payment to the younger brother, made under the family arrangement in substitution of his share, was treated as his own income and not as the assessee's taxable income. en-us Wed, 09 Nov 1932 00:00:00 +0530 Thu, 22 Nov 2018 17:39:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277043 Income already disclosed to and assessed by the revenue does not become "escaped assessment" merely because the original assessment was later set aside for wrong categorisation, so reassessment under section 34 was not justified. An impartible ancestral estate governed by primogeniture may still retain the character of Hindu family property, meaning the holder can be assessed as the managing member of a Hindu undivided family rather than as an individual. A fixed annual payment to the younger brother, made under the family arrangement in substitution of his share, was treated as his own income and not as the assessee's taxable income. Case-Laws Income Tax Wed, 09 Nov 1932 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277043