https://www.taxtmi.com/caselaws?id=118957 The Tribunal upheld the CIT(A)'s decision, ruling that the reassessments for the assessment years 1992-93 and 1993-94 were invalid as they were initiated beyond the four-year limitation period under section 147. The Tribunal found that the assessee had fully disclosed all material facts during the original assessments, and there was no failure to disclose necessary information. Consequently, the appeals by the Revenue were dismissed, affirming the cancellation of the reassessments. en-us Mon, 18 Jul 2005 00:00:00 +0530 Sat, 07 Jul 2012 10:20:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118957 The Tribunal upheld the CIT(A)'s decision, ruling that the reassessments for the assessment years 1992-93 and 1993-94 were invalid as they were initiated beyond the four-year limitation period under section 147. The Tribunal found that the assessee had fully disclosed all material facts during the original assessments, and there was no failure to disclose necessary information. Consequently, the appeals by the Revenue were dismissed, affirming the cancellation of the reassessments. Case-Laws Income Tax Mon, 18 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118957