S.148 notice after 4 years not valid if Assessee disclosed full & true particular of claim at the time of original assessment proceeding

The respondent had completed the assessment under Section 143(3) of the Act after scrutiny. Now it cannot be alleged that the petitioner had not furnished full and true particulars relating to the claim of depreciation at the time of original assessment. All the primary facts relating to the claim had been disclosed by the petitioner and it was for the respondent to draw the appropriate inferences regarding the allow ability of the claim of depreciation. It is not part of the duty of the petitioner to inform the Assessing Officer as to what inferences should be drawn from the primary facts dis...