https://www.taxtmi.com/caselaws?id=29215 An internal audit party's opinion on the legal scope of exemption for land appurtenant to a residential house does not constitute "information" for reopening reassessment under section 59(b) of the Estate Duty Act, 1953. The reassessment notice was based only on the audit objection that the entire surrounding land could not be treated as exempt, and no independent factual material was shown. Applying the same principle recognised under section 147(b) of the Income-tax Act, 1961, the Court held that a mere audit view on a point of law cannot satisfy the jurisdictional condition for reopening. The reassessment notice was therefore without jurisdiction. en-us Mon, 03 Dec 1979 00:00:00 +0530 Thu, 11 Mar 2010 14:15:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29215 An internal audit party's opinion on the legal scope of exemption for land appurtenant to a residential house does not constitute "information" for reopening reassessment under section 59(b) of the Estate Duty Act, 1953. The reassessment notice was based only on the audit objection that the entire surrounding land could not be treated as exempt, and no independent factual material was shown. Applying the same principle recognised under section 147(b) of the Income-tax Act, 1961, the Court held that a mere audit view on a point of law cannot satisfy the jurisdictional condition for reopening. The reassessment notice was therefore without jurisdiction. Case-Laws Income Tax Mon, 03 Dec 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29215