TMI Blog2010 (4) TMI 440X X X X Extracts X X X X X X X X Extracts X X X X ..... tra Venkataraman J.-The petitioner seeks writ of certiorari to quash the notices issued under section 17 of the Wealth-tax Act, 1957, dated March 2, 2010 for the assessment years 1990-91 and 1989-90. 2. The petitioner states that the reopening of the assessment after the lapse of time is clearly barred by limitation. The time limit provided under section 11 of the Wealth-tax Act is only 10 years. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the time limitation for reopening the assessment had already expired for both the assessment years as on March 31, 2000 and March 31, 2001. It is further seen that the petitioner objected to the same, however, under proceeding dated February 20, 2002 the same was rejected. 4. The petitioner filed writ petitions before this court in W. P. Nos. 8260 and 8261 of 2002. By order dated February 2, 201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with liberty to the respondent to issue proper notice under the Wealth-tax Act to proceed further. Sub-sequent to that, the respondent had issued notices on March 2, 2010 evidently under section 17 of the Wealth-tax Act. 5. On notice learned standing counsel appearing on behalf of the respondents defended the action of the respondents that the proceedings taken under section 17 of the Wealth-tax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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