https://www.taxtmi.com/caselaws?id=38284 The appeal was dismissed, affirming the lower court's decision. The court held that the Income-tax Officer lacked valid reason to believe the assessee had failed to disclose all material facts for the relevant assessment years. The conditions precedent under Section 147(a) were not met, as the information from the mining officials did not establish income escapement due to the assessee's omission. The court distinguished between Sections 147(a) and 147(b), concluding that the reassessment could not proceed under Section 147(a) based on the available evidence. en-us Fri, 24 Dec 1976 00:00:00 +0530 Mon, 05 Apr 2010 13:01:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38284 The appeal was dismissed, affirming the lower court's decision. The court held that the Income-tax Officer lacked valid reason to believe the assessee had failed to disclose all material facts for the relevant assessment years. The conditions precedent under Section 147(a) were not met, as the information from the mining officials did not establish income escapement due to the assessee's omission. The court distinguished between Sections 147(a) and 147(b), concluding that the reassessment could not proceed under Section 147(a) based on the available evidence. Case-Laws Income Tax Fri, 24 Dec 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38284