https://www.taxtmi.com/caselaws?id=276926 Limitation for reopening under section 34(1)(a) runs from the end of the previous year for which the return is required under section 22, not from the assessment year, so a notice issued after eight years from that end date is barred. The notice also need not expressly recite that the assessee failed to disclose fully and truly all material facts, because section 34 read with section 22(2) does not require that statement. The reassessment challenge therefore succeeded on limitation, and the notice and proceedings were quashed, while the objection to the notice's wording failed. en-us Wed, 01 Oct 1958 00:00:00 +0530 Tue, 20 Nov 2018 15:02:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276926 Limitation for reopening under section 34(1)(a) runs from the end of the previous year for which the return is required under section 22, not from the assessment year, so a notice issued after eight years from that end date is barred. The notice also need not expressly recite that the assessee failed to disclose fully and truly all material facts, because section 34 read with section 22(2) does not require that statement. The reassessment challenge therefore succeeded on limitation, and the notice and proceedings were quashed, while the objection to the notice's wording failed. Case-Laws Income Tax Wed, 01 Oct 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276926