Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2005 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2005 (6) TMI 29 - HC - Income TaxIncome escaping assessment – reopening of assessment - reason to believe "Whether, Tribunal was right in holding that the assessee had not disclosed all the primary facts necessary for completing the assessment, as available with the assessee, and before completion of the original assessment and hence, the Assessing Officer had jurisdiction to reopen the assessment under section 147(a) of the Act?" - In the instant case, the notice issued under section 148 of the Act is dated September 24, 1979, much beyond the period of limitation prescribed under section 149 - the question of law referred for our opinion is answered in the negative, i.e., in favour of the assessee and against the Revenue
|