https://www.taxtmi.com/caselaws?id=28641 Escaped-assessment notices were upheld because separate notices and demand notices had in fact been issued for each assessment year, and the earliest year was covered within the statutory limitation period. The court also held that escaped-assessment proceedings follow the regular assessment machinery, so a best-of-judgment assessment could validly be made where the statutory contingencies existed; the absence of an appeal did not create legal infirmity. Allegations of illegal revenue recovery also failed because no coercive recovery step had yet been taken. The challenge to the assessment orders and related reliefs was therefore rejected. en-us Fri, 29 Oct 1982 00:00:00 +0530 Wed, 24 Feb 2010 15:14:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28641 Escaped-assessment notices were upheld because separate notices and demand notices had in fact been issued for each assessment year, and the earliest year was covered within the statutory limitation period. The court also held that escaped-assessment proceedings follow the regular assessment machinery, so a best-of-judgment assessment could validly be made where the statutory contingencies existed; the absence of an appeal did not create legal infirmity. Allegations of illegal revenue recovery also failed because no coercive recovery step had yet been taken. The challenge to the assessment orders and related reliefs was therefore rejected. Case-Laws Income Tax Fri, 29 Oct 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28641