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1981 (8) TMI 137 - ITAT MADRAS-AExtract: .......the reassessment made beyond four years form the end of the assessment year is barred by limitation as one made u/s 17(1)(b) of the Act. Thus, the reassessment is unsustainable either u/s 17(1)(a) restored. In the circumstances, whatever be the view on merits, the conclusion of the AAC has to be confirmed. 5. In the result, the appeal is dismissed.
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