https://www.taxtmi.com/caselaws?id=200211 Assessments founded on voluntary returns are subject to the statutory limitation period and cannot be validly completed beyond the prescribed limitation absent a prima facie basis to treat the return as concealed or containing inaccurate particulars; where earlier assessments did not invoke the concealment clause and the record shows no prima facie concealment, extension of limitation is impermissible and assessments become time-barred. Notices and penalty proceedings issued without any showing of concealment or reliance on the concealment ground amount to harassment and are quashed, with a mandamus restraining further assessment on the voluntary returns. en-us Tue, 22 Oct 1963 00:00:00 +0530 Fri, 23 Mar 2018 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200211 Assessments founded on voluntary returns are subject to the statutory limitation period and cannot be validly completed beyond the prescribed limitation absent a prima facie basis to treat the return as concealed or containing inaccurate particulars; where earlier assessments did not invoke the concealment clause and the record shows no prima facie concealment, extension of limitation is impermissible and assessments become time-barred. Notices and penalty proceedings issued without any showing of concealment or reliance on the concealment ground amount to harassment and are quashed, with a mandamus restraining further assessment on the voluntary returns. Case-Laws Income Tax Tue, 22 Oct 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200211