2013 (10) TMI 312

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..... revenue for Assessment Year 1995-96 following questions have been raised for our consideration.      (a) Whether on the facts and the circumstances of the case and in law the Tribunal was justified in holding that there was no failure on the part of the assessee to disclose fully and truly all material facts for his assessment when the material facts were neither submitted in .....

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..... ond the period of four years from the end of the relevant assessment year. The basis for reopening the assessment was alleged failure on the part of the respondent assessee to disclose the facts with regard to shares being allotted to M/s. Daimler Benz in consideration of technical know-how provided by them. Thus resulting in excess benefit of Section 35AB of the said Act being availed by the asse .....

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