https://www.taxtmi.com/caselaws?id=14531 Finality and fairness prevented disturbance of a long-settled income-tax assessment where the Revenue had already assessed the concerned person, informed the assessing officer, and the Tribunal reasonably treated that assessment as final. The Court also declined to interfere with the Tribunal's setting aside of the assessment on an association of persons because more than three decades had passed, the taxpayers had been treated as individuals, tax had been collected on that basis, and no refund had been made. The order setting aside the impugned assessments was therefore upheld against the Revenue. en-us Wed, 11 Nov 1998 00:00:00 +0530 Fri, 17 Jul 2009 10:44:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14531 Finality and fairness prevented disturbance of a long-settled income-tax assessment where the Revenue had already assessed the concerned person, informed the assessing officer, and the Tribunal reasonably treated that assessment as final. The Court also declined to interfere with the Tribunal's setting aside of the assessment on an association of persons because more than three decades had passed, the taxpayers had been treated as individuals, tax had been collected on that basis, and no refund had been made. The order setting aside the impugned assessments was therefore upheld against the Revenue. Case-Laws Income Tax Wed, 11 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14531