https://www.taxtmi.com/caselaws?id=29198 The Andhra Pradesh High Court upheld the validity of reassessment proceedings under section 147(a) of the Income-tax Act, ruling in favor of the Revenue. The Court found that the assessee had failed to disclose crucial information regarding land ownership, justifying the reopening of assessments for discrepancies in paddy yield. The Court emphasized the importance of disclosing all material facts for accurate assessment and rejected the assessee's request for further evidence. The judgment affirmed the Tribunal's decision, stating that reassessment was not time-barred and dismissing the plea to reframe the reference question. en-us Tue, 11 Mar 1980 00:00:00 +0530 Thu, 11 Mar 2010 13:29:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29198 The Andhra Pradesh High Court upheld the validity of reassessment proceedings under section 147(a) of the Income-tax Act, ruling in favor of the Revenue. The Court found that the assessee had failed to disclose crucial information regarding land ownership, justifying the reopening of assessments for discrepancies in paddy yield. The Court emphasized the importance of disclosing all material facts for accurate assessment and rejected the assessee's request for further evidence. The judgment affirmed the Tribunal's decision, stating that reassessment was not time-barred and dismissing the plea to reframe the reference question. Case-Laws Income Tax Tue, 11 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29198