https://www.taxtmi.com/caselaws?id=152914 The Kerala High Court held that the four-year limit in section 19(1) governs only the initiation of escaped-assessment proceedings, and once validly initiated within time, those proceedings may continue to completion. It further held that penalty under section 19(2) can be imposed only in the course of making the assessment under section 19(1). Because the assessment had already been completed by the appellate order and revised assessment order before the penalty notice was issued, the penalty proceedings were not taken during the assessment process as required by the statute. The penalty order was therefore unsustainable, and the writ appeal failed. en-us Mon, 01 Jan 1979 00:00:00 +0530 Fri, 12 Jul 2013 17:46:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152914 The Kerala High Court held that the four-year limit in section 19(1) governs only the initiation of escaped-assessment proceedings, and once validly initiated within time, those proceedings may continue to completion. It further held that penalty under section 19(2) can be imposed only in the course of making the assessment under section 19(1). Because the assessment had already been completed by the appellate order and revised assessment order before the penalty notice was issued, the penalty proceedings were not taken during the assessment process as required by the statute. The penalty order was therefore unsustainable, and the writ appeal failed. Case-Laws VAT and Sales Tax Mon, 01 Jan 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152914