Returns of income and subsequent correspondences make a full disclosure in the case of both assessees, and assessments have been framed after discussion and exchange of correspondence; having allowed matters to rest for so long, and in the light of the full and true disclosure made at the original instance, the impugned proceedings initiated beyond the period of four years, are barred by limitation and are quashed.Relied on  Calcutta Discount Co. Ltd. v ITO  (1961) 41 ITR 191 (SC)  (AY.  2012-13) (SJ)