https://www.taxtmi.com/caselaws?id=24460 The High Court affirmed the Tribunal's decision that the assessment was time-barred, rejecting Revenue's claim for an extended period of limitation. The successor Income-tax Officer was not obligated to rehear the assessee. The Tribunal found no concealment of income by the assessee under section 271(1)(c). The Court ruled in favor of the assessee, with no costs awarded, as the assessment was invalid due to being time-barred and lacking evidence of concealment. en-us Tue, 11 Oct 1988 00:00:00 +0530 Fri, 29 Jul 2016 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24460 The High Court affirmed the Tribunal's decision that the assessment was time-barred, rejecting Revenue's claim for an extended period of limitation. The successor Income-tax Officer was not obligated to rehear the assessee. The Tribunal found no concealment of income by the assessee under section 271(1)(c). The Court ruled in favor of the assessee, with no costs awarded, as the assessment was invalid due to being time-barred and lacking evidence of concealment. Case-Laws Income Tax Tue, 11 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24460