https://www.taxtmi.com/caselaws?id=27297 The Tribunal upheld the validity of the proceedings initiated under Section 147(b) of the Income-tax Act, 1961, based on information from a prior order, saving the bar of limitation. It determined that the order filing the proceedings constituted an order of assessment, relying on established case law. The Tribunal also found that the firm was given a sufficient opportunity of being heard through its partner, affirming all issues in favor of the Revenue against the assessee-firm. Each party was directed to bear their own costs. en-us Wed, 30 Jan 1985 00:00:00 +0530 Fri, 12 Feb 2010 10:26:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27297 The Tribunal upheld the validity of the proceedings initiated under Section 147(b) of the Income-tax Act, 1961, based on information from a prior order, saving the bar of limitation. It determined that the order filing the proceedings constituted an order of assessment, relying on established case law. The Tribunal also found that the firm was given a sufficient opportunity of being heard through its partner, affirming all issues in favor of the Revenue against the assessee-firm. Each party was directed to bear their own costs. Case-Laws Income Tax Wed, 30 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27297