https://www.taxtmi.com/caselaws?id=77162 The court held that respondents cannot shift their stand without allowing objections, invalidated the order based on "concealment of investment," and found the petitioner not obligated to submit a valuation report. Notice under section 148 post-assessment order was deemed unjustified if income was fully disclosed. The court emphasized the need for proper consideration of objections, setting aside the notice and related proceedings. The writ petition was allowed with no costs awarded, parties were to be informed of the order, and urgent copies were available upon request. en-us Mon, 21 Dec 2009 00:00:00 +0530 Sat, 02 Feb 2013 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77162 The court held that respondents cannot shift their stand without allowing objections, invalidated the order based on "concealment of investment," and found the petitioner not obligated to submit a valuation report. Notice under section 148 post-assessment order was deemed unjustified if income was fully disclosed. The court emphasized the need for proper consideration of objections, setting aside the notice and related proceedings. The writ petition was allowed with no costs awarded, parties were to be informed of the order, and urgent copies were available upon request. Case-Laws Income Tax Mon, 21 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77162