Kantamani Venkata Narayana & Son vs Additional Income Tax Officer

Whether a notice under Section 34 of the Income Tax Act 1922 is vitiated for not specifying under which clause (a) or (b) it was issued --- Held No. | Whether the Income Tax Officer had jurisdiction to issue reassessment notices under Section 34(1)(a) based on reasonable belief of non-disclosure of material facts --- Held Yes. | Whether mere production of account books constitutes full and true disclosure of material facts under Section 34 --- Held No.