https://www.taxtmi.com/caselaws?id=202811 The court upheld the validity of the reassessment notice under Section 148 of the Income-tax Act, 1961, finding tangible material supporting the reassessment. Objections to the notice were overruled due to alleged misrepresentation by the petitioner. The court held that the petitioner failed to disclose all material facts, disallowed certain deductions claimed, and deemed the writ petitions challenging the notice as infructuous, advising the petitioner to seek alternate remedies. Ultimately, both writ petitions were dismissed, leaving the petitioner's liability for additional income-tax to be determined by the Assessing Officer. en-us Fri, 17 Sep 2010 00:00:00 +0530 Sat, 05 Dec 2015 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202811 The court upheld the validity of the reassessment notice under Section 148 of the Income-tax Act, 1961, finding tangible material supporting the reassessment. Objections to the notice were overruled due to alleged misrepresentation by the petitioner. The court held that the petitioner failed to disclose all material facts, disallowed certain deductions claimed, and deemed the writ petitions challenging the notice as infructuous, advising the petitioner to seek alternate remedies. Ultimately, both writ petitions were dismissed, leaving the petitioner's liability for additional income-tax to be determined by the Assessing Officer. Case-Laws Income Tax Fri, 17 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202811