https://www.taxtmi.com/acts?id=48729 Clause 285 provides that tax in any assessment, reassessment or recomputation under the escape provisions shall be charged at the rate(s) applicable as if the income had not escaped assessment. The Assessing Officer may drop proceedings if the assessee asserts the original assessment is not lower than the correct liability and has not impugned the original assessment order; such a claim prevents reopening matters already concluded by earlier assessment or computation orders. en-us Fri, 14 Feb 2025 11:10:10 +0530 Fri, 14 Feb 2025 11:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48729 Clause 285 provides that tax in any assessment, reassessment or recomputation under the escape provisions shall be charged at the rate(s) applicable as if the income had not escaped assessment. The Assessing Officer may drop proceedings if the assessee asserts the original assessment is not lower than the correct liability and has not impugned the original assessment order; such a claim prevents reopening matters already concluded by earlier assessment or computation orders. Act-Rules Bills Fri, 14 Feb 2025 11:10:10 +0530 https://www.taxtmi.com/acts?id=48729