https://www.taxtmi.com/caselaws?id=16554 Section 34 revisional power remains available even where an appellate remedy exists; the mere availability of appeal does not exclude revision, and a general allegation of bias does not vitiate the jurisdiction without specific supporting material. Suo motu revision without a statutory time limit must still be initiated within a reasonable period, with cogent reasons for any delay when concluded assessments are reopened. On the facts, the belated revision was unsustainable for the earlier assessment years because no satisfactory explanation was shown, but it was accepted for assessment year 1985-86 as being within a reasonable time. en-us Tue, 25 Nov 1997 00:00:00 +0530 Tue, 08 Sep 2009 15:11:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16554 Section 34 revisional power remains available even where an appellate remedy exists; the mere availability of appeal does not exclude revision, and a general allegation of bias does not vitiate the jurisdiction without specific supporting material. Suo motu revision without a statutory time limit must still be initiated within a reasonable period, with cogent reasons for any delay when concluded assessments are reopened. On the facts, the belated revision was unsustainable for the earlier assessment years because no satisfactory explanation was shown, but it was accepted for assessment year 1985-86 as being within a reasonable time. Case-Laws Income Tax Tue, 25 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16554