2023 (12) TMI 1501

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....hal Kalra and Mr. S.S. Tomar, Advs. For the Respondent Through: Mr. Aseem Chawla, Sr. St. Counsel with Ms. Pratistha Chaudhary and Mr. Aditya Gupta, Advs. ORDER 1. Learned counsel for the petitioner states that the matter in issue in both the writ petitions are covered by the judgment of this Court in Ganesh Dass Khanna vs. Income Tax Officer and Anr., W.P.(C) 11527/2022, dated 10th Novem....

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....parison, the extended period of ten (10) years would apply in serious tax evasion cases where there was evidence of concealment of income of Rs.50 lakhs or more in the given period. 53.4. The State, perhaps, did not deem it worthwhile to chase assessees beyond three (03) years, where the alleged escaped income was less than Rs.50 lakhs. These aspects concerning legislative policy come thr....