https://www.taxtmi.com/caselaws?id=787928 Reopening assessments beyond the four-year statutory limitation is barred where the recorded reasons do not allege concealment or that the taxpayer failed to disclose material facts fully and truly; the proviso operating with the limitation period precludes reassessment initiated after that period absent such an allegation, and reliance on established precedent supports that principle. Applying this, the reassessment initiated beyond four years without an allegation of nondisclosure was quashed and the taxpayer's appeal allowed. en-us Fri, 20 Feb 2026 00:00:00 +0530 Sat, 14 Mar 2026 08:36:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787928 Reopening assessments beyond the four-year statutory limitation is barred where the recorded reasons do not allege concealment or that the taxpayer failed to disclose material facts fully and truly; the proviso operating with the limitation period precludes reassessment initiated after that period absent such an allegation, and reliance on established precedent supports that principle. Applying this, the reassessment initiated beyond four years without an allegation of nondisclosure was quashed and the taxpayer's appeal allowed. Case-Laws Income Tax Fri, 20 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787928