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M/S H M Industries vs Commissioner Of Value Addes Tax on 26 September, 2014

14. In the present case, the reopening of the assessment is sought to be done beyond the period of 4 years and before the expiry of 6 years of the assessment period. The jurisdictional requirement for invoking the extended period of 6 years is that the Commissioner should note the reasons to believe that the tax was not paid and that the failure to pay such tax should be on account of „concealment, omission or failure‟ by the Assessee to disclose „full material particulars‟. Elaborating on the above expressions this Court in H M Industries (supra) observed as under:
Delhi High Court Cites 20 - Cited by 6 - S Khanna - Full Document
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