Reopening of completed assessments not justified in the event of true & full disclosure by assessee

Brief of the case:

The Hon’ble Delhi High Court in the case of HCL Technologies Ltd. held that completed cannot be reopened after the expiry of four years from the end of relevant assessment year unless the income escaped from tax is attributable to assessee’s failure to disclose full & true disclosure of the facts.

Facts of the case:

• The scrutiny assessment was completed under Sec 143(3) read with Sec 144C (

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