https://www.taxtmi.com/acts?id=48723 Clause 279 empowers the Assessing Officer to assess or reassess income that has escaped assessment for a relevant tax year and to recompute losses, depreciation allowances, or other allowances or deductions; it also permits inclusion of other income issues that arise during those proceedings even if certain procedural formalities were not complied with. en-us Fri, 14 Feb 2025 11:06:50 +0530 Fri, 14 Feb 2025 11:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48723 Clause 279 empowers the Assessing Officer to assess or reassess income that has escaped assessment for a relevant tax year and to recompute losses, depreciation allowances, or other allowances or deductions; it also permits inclusion of other income issues that arise during those proceedings even if certain procedural formalities were not complied with. Act-Rules Bills Fri, 14 Feb 2025 11:06:50 +0530 https://www.taxtmi.com/acts?id=48723