https://www.taxtmi.com/caselaws?id=49476 Whether an appellate authority may assess an undisclosed new source is resolved by treating Section 31(3) as a revisional power confined to the assessment record: the Appellate Assistant Commissioner may enhance, confirm, reduce or annul an assessment only in respect of matters before or considered by the assessing officer, and cannot independently travell outside that record to introduce and tax a new source of income; such undisclosed or escaped income must be addressed by remand for fresh assessment or under the statutory procedures for escaped income, not by direct appellate assessment. en-us Wed, 14 Feb 1962 00:00:00 +0530 Wed, 27 Aug 2014 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49476 Whether an appellate authority may assess an undisclosed new source is resolved by treating Section 31(3) as a revisional power confined to the assessment record: the Appellate Assistant Commissioner may enhance, confirm, reduce or annul an assessment only in respect of matters before or considered by the assessing officer, and cannot independently travell outside that record to introduce and tax a new source of income; such undisclosed or escaped income must be addressed by remand for fresh assessment or under the statutory procedures for escaped income, not by direct appellate assessment. Case-Laws Income Tax Wed, 14 Feb 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49476