https://www.taxtmi.com/caselaws?id=63614 Reassessment under section 147(a) was not permissible where the assessee had already disclosed the relevant credit details and interest claim in the original assessment, and the assessing officer had examined that material. On those facts, there was no omission or failure to disclose material particulars fully and truly, so a later reopening could not be founded on the same material merely because a different inference was drawn. The reassessment notice under section 148 was therefore bad in law. en-us Thu, 21 Apr 1977 00:00:00 +0530 Tue, 01 Feb 2011 11:04:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63614 Reassessment under section 147(a) was not permissible where the assessee had already disclosed the relevant credit details and interest claim in the original assessment, and the assessing officer had examined that material. On those facts, there was no omission or failure to disclose material particulars fully and truly, so a later reopening could not be founded on the same material merely because a different inference was drawn. The reassessment notice under section 148 was therefore bad in law. Case-Laws Income Tax Thu, 21 Apr 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63614