https://www.taxtmi.com/caselaws?id=57951 The Tribunal upheld the reopening of assessment under section 147(b), rejecting the objection based on the audit department's input. It partially allowed the appeal by disallowing extra shift allowance on certain machinery while permitting it on others. The reassessment was deemed not time-barred under section 144B, applying to all assessments under section 143(3), including those from section 147 reopening. The Tribunal's decision favored the tax authorities' actions, emphasizing the need for proper consideration of relevant provisions during assessments. en-us Fri, 16 Mar 1984 00:00:00 +0530 Wed, 15 Dec 2010 15:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57951 The Tribunal upheld the reopening of assessment under section 147(b), rejecting the objection based on the audit department's input. It partially allowed the appeal by disallowing extra shift allowance on certain machinery while permitting it on others. The reassessment was deemed not time-barred under section 144B, applying to all assessments under section 143(3), including those from section 147 reopening. The Tribunal's decision favored the tax authorities' actions, emphasizing the need for proper consideration of relevant provisions during assessments. Case-Laws Income Tax Fri, 16 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57951