https://www.taxtmi.com/caselaws?id=12728 The court held that the reopening of the assessment after four years under section 143(3) read with section 147(a) of the Income-tax Act, 1961, was invalid and illegal. The court found that the notice issued was beyond the four-year limitation period and that the proviso to section 147 did not apply as the assessee had disclosed all material facts during the original assessment. The court ruled in favor of the assessee, upholding the Tribunal's decision that the reopening was barred by limitation. en-us Fri, 08 Mar 2002 00:00:00 +0530 Thu, 21 May 2009 15:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12728 The court held that the reopening of the assessment after four years under section 143(3) read with section 147(a) of the Income-tax Act, 1961, was invalid and illegal. The court found that the notice issued was beyond the four-year limitation period and that the proviso to section 147 did not apply as the assessee had disclosed all material facts during the original assessment. The court ruled in favor of the assessee, upholding the Tribunal's decision that the reopening was barred by limitation. Case-Laws Income Tax Fri, 08 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12728