https://www.taxtmi.com/caselaws?id=201967 The Court dismissed the Revenue's appeal, ruling that the reopening of assessment based on fixed deposit receipts was unjustified. The Court emphasized that the reassessment lacked valid grounds and did not warrant further opportunities for reassessment. The decision favored the assessee, leading to the dismissal of the Revenue's appeal. en-us Thu, 23 Jul 2009 00:00:00 +0530 Mon, 31 Dec 2012 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201967 The Court dismissed the Revenue's appeal, ruling that the reopening of assessment based on fixed deposit receipts was unjustified. The Court emphasized that the reassessment lacked valid grounds and did not warrant further opportunities for reassessment. The decision favored the assessee, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Thu, 23 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201967