https://www.taxtmi.com/caselaws?id=206230 The court quashed the notice seeking to reopen the assessment for the assessment year 2003-04 and the order rejecting objections raised by the petitioner. It was held that since there was no failure on the part of the petitioner to disclose all material facts, the assessment could not be reopened beyond four years from the end of the relevant assessment year. The notice issued under Section 148 of the Income Tax Act and the order rejecting objections were deemed unsustainable, and the rule was made absolute with no order as to costs. en-us Mon, 14 Mar 2011 00:00:00 +0530 Wed, 19 Oct 2011 08:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206230 The court quashed the notice seeking to reopen the assessment for the assessment year 2003-04 and the order rejecting objections raised by the petitioner. It was held that since there was no failure on the part of the petitioner to disclose all material facts, the assessment could not be reopened beyond four years from the end of the relevant assessment year. The notice issued under Section 148 of the Income Tax Act and the order rejecting objections were deemed unsustainable, and the rule was made absolute with no order as to costs. Case-Laws Income Tax Mon, 14 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206230