https://www.taxtmi.com/caselaws?id=206189 The court quashed a notice issued under section 148 of the Income-tax Act, 1961 for reopening the assessment year 1994-95. The petitioner, a Public Limited Company, challenged the notice, arguing that there was no failure to disclose material facts as required for invoking jurisdiction under section 147. The court found that the reasons recorded by the Assessing Officer did not establish any omission on the petitioner's part, concluding that the notice was without jurisdiction. Consequently, the court allowed the petition, quashed the notice, and made the rule absolute with no order as to costs. en-us Thu, 24 Feb 2011 00:00:00 +0530 Mon, 31 Oct 2011 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206189 The court quashed a notice issued under section 148 of the Income-tax Act, 1961 for reopening the assessment year 1994-95. The petitioner, a Public Limited Company, challenged the notice, arguing that there was no failure to disclose material facts as required for invoking jurisdiction under section 147. The court found that the reasons recorded by the Assessing Officer did not establish any omission on the petitioner's part, concluding that the notice was without jurisdiction. Consequently, the court allowed the petition, quashed the notice, and made the rule absolute with no order as to costs. Case-Laws Income Tax Thu, 24 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206189