https://www.taxtmi.com/caselaws?id=36454 The court upheld the validity of reopening assessments for the years 1969-70 to 1972-73 due to new information indicating income had escaped assessment. The assessee was found not entitled to development allowance under section 33A for the years 1973-74 and 1974-75 as they did not meet the cumulative conditions of growing and manufacturing tea. The revenue was awarded costs including a counsel's fee. en-us Wed, 23 Jan 1980 00:00:00 +0530 Mon, 22 Mar 2010 14:49:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36454 The court upheld the validity of reopening assessments for the years 1969-70 to 1972-73 due to new information indicating income had escaped assessment. The assessee was found not entitled to development allowance under section 33A for the years 1973-74 and 1974-75 as they did not meet the cumulative conditions of growing and manufacturing tea. The revenue was awarded costs including a counsel's fee. Case-Laws Income Tax Wed, 23 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36454