https://www.taxtmi.com/caselaws?id=27298 Reassessment under section 147(b) was held invalid because the Income-tax Officer acted on directions issued through the Commissioner rather than on fresh information in his possession. A direction to reopen and revise an assessment is not equivalent to "information" for section 147(b), and the statutory precondition of reason to believe that income had escaped assessment was not met. The reassessment was therefore without jurisdiction and the question was answered in favour of the assessee. en-us Mon, 10 Sep 1984 00:00:00 +0530 Fri, 12 Feb 2010 10:28:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27298 Reassessment under section 147(b) was held invalid because the Income-tax Officer acted on directions issued through the Commissioner rather than on fresh information in his possession. A direction to reopen and revise an assessment is not equivalent to "information" for section 147(b), and the statutory precondition of reason to believe that income had escaped assessment was not met. The reassessment was therefore without jurisdiction and the question was answered in favour of the assessee. Case-Laws Income Tax Mon, 10 Sep 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27298