https://www.taxtmi.com/caselaws?id=277193 Whether reopening under Section 34 is permissible where an earlier appellate order excluded certain income: the court held that Section 34 empowers the assessing officer to reopen and reassess income if statutory preconditions showing that income has escaped assessment are met, even though no appeal or revision was filed against the earlier appellate order; the court rejected reading an implied limitation requiring an appeal or revision to keep the original assessment alive. Outcome: the Section 34 proceeding was valid and the interest on arrears of rent was lawfully assessed in favour of the revenue. en-us Mon, 07 Apr 1958 00:00:00 +0530 Wed, 28 Nov 2018 14:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277193 Whether reopening under Section 34 is permissible where an earlier appellate order excluded certain income: the court held that Section 34 empowers the assessing officer to reopen and reassess income if statutory preconditions showing that income has escaped assessment are met, even though no appeal or revision was filed against the earlier appellate order; the court rejected reading an implied limitation requiring an appeal or revision to keep the original assessment alive. Outcome: the Section 34 proceeding was valid and the interest on arrears of rent was lawfully assessed in favour of the revenue. Case-Laws Income Tax Mon, 07 Apr 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277193