https://www.taxtmi.com/caselaws?id=86738 Extended limitation cannot be invoked where the assessee's records already disclosed the relevant facts, because suppression or wilful misstatement is not established on the available material. A departmental attempt to reopen proceedings after the original adjudication was also treated as invalid, as the later review and fresh notice proceeded without a lawful basis to disturb the completed assessment. On that reasoning, the longer limitation period was held unavailable and the reopening was not sustainable in law, with the demand and penalty set aside in favour of the assessee. en-us Fri, 31 Jan 1997 00:00:00 +0530 Fri, 26 Aug 2011 18:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86738 Extended limitation cannot be invoked where the assessee's records already disclosed the relevant facts, because suppression or wilful misstatement is not established on the available material. A departmental attempt to reopen proceedings after the original adjudication was also treated as invalid, as the later review and fresh notice proceeded without a lawful basis to disturb the completed assessment. On that reasoning, the longer limitation period was held unavailable and the reopening was not sustainable in law, with the demand and penalty set aside in favour of the assessee. Case-Laws Central Excise Fri, 31 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86738