https://www.taxtmi.com/caselaws?id=277245 Section 34 of the Indian Income-tax Act, 1922 was treated as wide enough to cover a later discovery that the relevant taxing law had been brought into force retrospectively. Earlier assessment proceedings were held void because the Finance Act, 1939 had not then extended to the area, but Bihar Regulation IV of 1942 later cured that position and gave the Income-tax Officer definite information that income had escaped assessment. On that basis, the second notice under Section 34 was not barred by the earlier invalid proceedings and was held to be validly issued. en-us Wed, 14 Mar 1951 00:00:00 +0530 Thu, 29 Nov 2018 17:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277245 Section 34 of the Indian Income-tax Act, 1922 was treated as wide enough to cover a later discovery that the relevant taxing law had been brought into force retrospectively. Earlier assessment proceedings were held void because the Finance Act, 1939 had not then extended to the area, but Bihar Regulation IV of 1942 later cured that position and gave the Income-tax Officer definite information that income had escaped assessment. On that basis, the second notice under Section 34 was not barred by the earlier invalid proceedings and was held to be validly issued. Case-Laws Income Tax Wed, 14 Mar 1951 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277245