Section 279 — Income escaping assessment

(1) If, in the case of an assessee, any income chargeable to tax has escaped
assessment for any tax year (herein and in sections 280 to 286 referred
to as the relevant tax year), the Assessing Officer may, subject to the provisions of
sections 280 to 286, assess or rea ssess such income or recompute the loss or the
depreciation allowance or any other allowance or deduction for the relevant tax
year.
(2) For the purposes of assessment or reassessment or recomputation under sub-sec-
tion (1), the Assessing Officer may assess or reassess the income in respect of any
issue, which has escaped assessment, and such issue comes to his notice subsequently
in the course of the proceedings under this section, irrespective of the fact that the
provisions of section 281 have not been complied with.
58[(3) The “Assessing Officer” for the purposes of sections 280 and 281 shall mean to
be an Assessing Officer other than the National Faceless Assessment Centre or any
assessment unit referred to in section 273(3).]