https://www.taxtmi.com/caselaws?id=39450 Subsequent legal research can constitute "information" for reopening where the assessing authority later learns the correct legal position from an external source and believes property escaped assessment. The reassessment power under section 59(b) of the Estate Duty Act was treated as analogous to income-tax reopening provisions, and the court held that later acquisition of the true legal principle is sufficient when that issue was not considered in the original assessment. Because the case involved more than a mere change of opinion, the reassessment was upheld as valid and within jurisdiction. en-us Thu, 20 Feb 1975 00:00:00 +0530 Fri, 16 Apr 2010 15:31:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39450 Subsequent legal research can constitute "information" for reopening where the assessing authority later learns the correct legal position from an external source and believes property escaped assessment. The reassessment power under section 59(b) of the Estate Duty Act was treated as analogous to income-tax reopening provisions, and the court held that later acquisition of the true legal principle is sufficient when that issue was not considered in the original assessment. Because the case involved more than a mere change of opinion, the reassessment was upheld as valid and within jurisdiction. Case-Laws Income Tax Thu, 20 Feb 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39450