https://www.taxtmi.com/caselaws?id=20996 The High Court ruled in favor of the Revenue, holding that the reassessments made under section 147(a) of the Income-tax Act, 1961 for the assessment years 1956-57 to 1958-59 were not barred by limitation. The assessments were found to have been completed within the statutory time limit, considering exclusion periods due to court stays and proceedings. The Court unanimously affirmed that the assessments were timely completed, dismissing the assessee's claim and not awarding any costs in the matter. en-us Mon, 22 Apr 1991 00:00:00 +0530 Wed, 18 Nov 2009 14:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20996 The High Court ruled in favor of the Revenue, holding that the reassessments made under section 147(a) of the Income-tax Act, 1961 for the assessment years 1956-57 to 1958-59 were not barred by limitation. The assessments were found to have been completed within the statutory time limit, considering exclusion periods due to court stays and proceedings. The Court unanimously affirmed that the assessments were timely completed, dismissing the assessee's claim and not awarding any costs in the matter. Case-Laws Income Tax Mon, 22 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20996