1966 (9) TMI 36 - SC - Income Tax

Whether the Income-tax Officer had jurisdiction to initiate proceedings for the assessment year 1951-52 under the provisions of section 34(1)(a) of the Indian Income-tax Act of 1922 ?

Held that:- The Tribunal has found that there was direct connection or nexus between the assessee's omission or failure to make a return and the under-assessment made by the Income-tax Officer for the year 1951-52. The High Court has affirmed this finding and concluded that the proceedings under section 34(1)(a) of the Act were not defective in law. Appeal dismissed.