Amendment status not verified — confirm the current text below against the official source.
Definite information. - The phrase 'definite information' cannot be construed in a uni- versal sense and its meaning must depend on and vary with the circumstances of each case. There is no doubt, however, that the information must be definite, that is, more than mere guess, gossip or rumour. There must also be a causal connecxion between the information and the discovery; but 'discovery' in the context of the section does not mean a conclusion of certainty at the stage of notice. What is necessary at that stage is that the Income Tax Officer should have formed an honest belief upon materials which reasonably support such belief.