https://www.taxtmi.com/caselaws?id=49394 Section 34(1A) of the Income-tax Act, 1922 validly governed reassessment of substantial escaped income arising during a defined war period. Its distinct treatment from section 34(1) rested on a rational classification and did not violate Article 14. Although notices under section 34(1A) were not expressly deemed notices under section 22(2), the ordinary procedural, appellate and revisional remedies remained applicable by necessary construction. The proviso requiring recorded reasons and satisfaction of the Central Board of Revenue was not shown to be breached, as the dispute concerned disclosure of reasons rather than their absence. The reassessment notices and proceedings consequently remained sustainable. 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 validly governed reassessment of substantial escaped income arising during a defined war period. Its distinct treatment from section 34(1) rested on a rational classification and did not violate Article 14. Although notices under section 34(1A) were not expressly deemed notices under section 22(2), the ordinary procedural, appellate and revisional remedies remained applicable by necessary construction. The proviso requiring recorded reasons and satisfaction of the Central Board of Revenue was not shown to be breached, as the dispute concerned disclosure of reasons rather than their absence. The reassessment notices and proceedings consequently remained sustainable. Case-Laws Income Tax Wed, 19 Feb 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49394