https://www.taxtmi.com/caselaws?id=206385 The Court held in favor of the Revenue regarding the validity of reopening the assessment under Section 147 without issuing a notice under Section 143(2) within 12 months, citing the retrospective amendment to Section 148(1) which saved the limitation on notices issued beyond 12 months. However, the Court found the non-furnishing of reasons for reopening the case under Section 147 by the Assessing Officer to be a violation of statutory provisions, requiring the Officer to provide the grounds to the assessee. The appeal was partly allowed based on the limitation issue, with no costs imposed. en-us Mon, 28 Mar 2011 00:00:00 +0530 Tue, 01 Nov 2011 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206385 The Court held in favor of the Revenue regarding the validity of reopening the assessment under Section 147 without issuing a notice under Section 143(2) within 12 months, citing the retrospective amendment to Section 148(1) which saved the limitation on notices issued beyond 12 months. However, the Court found the non-furnishing of reasons for reopening the case under Section 147 by the Assessing Officer to be a violation of statutory provisions, requiring the Officer to provide the grounds to the assessee. The appeal was partly allowed based on the limitation issue, with no costs imposed. Case-Laws Income Tax Mon, 28 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206385