https://www.taxtmi.com/caselaws?id=63486 Reassessment under section 147(a) depends on failure to disclose an existing material fact at the time of the original assessment; where interest on enhanced compensation had not yet arisen and only enhancement proceedings were pending, there was no nondisclosure and reassessment failed for the earlier years. For assessment year 1981-82, the enhanced award had already been made and the taxable income had accrued before completion of the original assessment, so reassessment was sustained. Section 153(3)(ii) did not extend limitation by treating the later award as a finding or direction, and objections based on unsigned notices, service on legal representatives, or sanction were not established. en-us Sat, 18 Feb 1989 00:00:00 +0530 Mon, 31 Jan 2011 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63486 Reassessment under section 147(a) depends on failure to disclose an existing material fact at the time of the original assessment; where interest on enhanced compensation had not yet arisen and only enhancement proceedings were pending, there was no nondisclosure and reassessment failed for the earlier years. For assessment year 1981-82, the enhanced award had already been made and the taxable income had accrued before completion of the original assessment, so reassessment was sustained. Section 153(3)(ii) did not extend limitation by treating the later award as a finding or direction, and objections based on unsigned notices, service on legal representatives, or sanction were not established. Case-Laws Income Tax Sat, 18 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63486