High Court Rules Tribunal Misinterpreted Extended Limitation u/s 11A; Date of Discovery Not Decisive for Fraud Cases.

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....Invocation of extended period of limitation - relevant date u/s 11A - date of knowledge or the date of discovery of the fraud by the Revenue is neither determinative nor decisive - Tribunal's order is ex-facie erroneous and unsustainable in law. It is vitiated by complete non application of mind as well - HC....