No reassessment on allegations of lower stock valuation if assessee substantiated its claim in asses

IT : Where assessee had made full disclosure of all material facts relating to valuation of stock at time of assessment itself, AO could not initiate reassessment proceedings after expiry of four years from end of relevant assessment year taking a view that value of stock declared by assessee was a lower amount as such valuation had to include 15 per cent profit as well