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of <h1>Section 285 mandates dropping section 279 tax proceedings when assessee proves assessment equals or exceeds correct escaped income liability</h1> Section 285 fixes tax in proceedings under section 279 at rates applicable if escaped income had been assessed, and conditions a cessation of those proceedings on an assessee's claim: the assessee must show the existing assessment is not lower than the correct liability (or that the assessment/computation was properly made) and must not have impugned the original assessment under listed provisions; the enacted text changes the operative verb from discretionary 'may drop' to mandatory 'shall be dropped' on satisfaction of the conditions, and such acceptance bars reopening specified concluded matters.
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