https://www.taxtmi.com/caselaws?id=49394 Section 34(1A) of the Income-tax Act, 1922 was construed as a valid reassessment provision for a specially defined class of escaped-income cases arising in a war-period context. The classification from section 34(1) was held rational, and the ordinary appellate and revisional remedies under the Act were treated as applicable by necessary construction, so the Article 14 challenge failed. The objection that the proviso requiring recorded reasons and Central Board of Revenue satisfaction had not been complied with was also rejected, as the record did not support non-fulfilment of that condition. The impugned notices and proceedings were therefore sustained. en-us Wed, 19 Feb 1964 00:00:00 +0530 Wed, 03 Sep 2014 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49394 Section 34(1A) of the Income-tax Act, 1922 was construed as a valid reassessment provision for a specially defined class of escaped-income cases arising in a war-period context. The classification from section 34(1) was held rational, and the ordinary appellate and revisional remedies under the Act were treated as applicable by necessary construction, so the Article 14 challenge failed. The objection that the proviso requiring recorded reasons and Central Board of Revenue satisfaction had not been complied with was also rejected, as the record did not support non-fulfilment of that condition. The impugned notices and proceedings were therefore sustained. Case-Laws Income Tax Wed, 19 Feb 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49394