Concealment u/s 271(1)(f) time limit

on what ground/fact, the department is able to trace and tax such concealment? put details then only discussion can be continued.

My question just relates to time limit. What is the time limit upto which Dept can levy concealment penalty u/s 271(1)(c)?

but as the department does not have data older than 10 years, how did they tracked the fact?

if the facts are established then they can go back to any time frame, and if needed they can seek permission of finance ministry to book the case, depending on the merits of the revenue.

Check /forum/fake-purchase-bill-in-1996-220248.asp#.UFQ6T66fazU

The statement was iven to Sales Tax Authorites who have now forwarded it to Income Tax Department since they're under the obligation from RTI Act.

Originally posted by : yashsr
	Check /forum/fake-purchase-bill-in-1996-220248.asp#.UFQ6T66fazU The statement was iven to Sales Tax Authorites who have now forwarded it to Income Tax Department since they're under the obligation from RTI Act.

if you have prob in posting here, then mail the facts, or get in touch with some good CA of your area, but what the hell sales tax authority is doing with 1996 bills ? as the 1996 case gone shut down in 2000, and appeals even got closed by 2002, 

sales tax department has more miserable record keeping than incometax, ................after the assessment they keep the files in dustbin direct. and file the demand notice in their runing file :)

Ok Thanks US Sharma :)