1992 (9) TMI 1 - SUPREME COURT - Income Tax

Head Note / Extract:
Where an item unconnected with the escapement of income has been concluded finally, how far in reassessment on an escaped item of income is it open to the assessee to seek a review of the concluded item - HC clearly fell in error in permitting the assessee to reagitate, in the reassessment proceedings u/s 147(a), the finally concluded assessment proceedings and to grant to him relief in respect of items not only earlier rejected, but also unconnected with the escapement of income