https://www.taxtmi.com/caselaws?id=290106 Section 34 of the Income-tax Act, 1922 permits reopening only when the Income-tax Officer receives definite information that directly leads to the discovery of escaped income. Where the assessee had already disclosed the commission receipt in the original return and the officer knew its amount, a later excess profits tax finding about the payer's expenditure under Rule 12 of Schedule I did not provide the necessary causal nexus. That later view concerned a different question and did not reveal any undisclosed income of the assessee. Reopening was therefore not valid. en-us Tue, 02 May 1950 00:00:00 +0530 Wed, 09 Sep 2020 10:21:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290106 Section 34 of the Income-tax Act, 1922 permits reopening only when the Income-tax Officer receives definite information that directly leads to the discovery of escaped income. Where the assessee had already disclosed the commission receipt in the original return and the officer knew its amount, a later excess profits tax finding about the payer's expenditure under Rule 12 of Schedule I did not provide the necessary causal nexus. That later view concerned a different question and did not reveal any undisclosed income of the assessee. Reopening was therefore not valid. Case-Laws Income Tax Tue, 02 May 1950 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290106