https://www.taxtmi.com/caselaws?id=206410 The High Court dismissed the Revenue's appeal, affirming the ITAT's decision that the reopening of the assessment under Section 147 was invalid. The court held that the AO had already considered the relevant facts during the original assessment, and no new material facts had emerged to justify the reopening. The notice under Section 148 was deemed invalid, and the appeal was dismissed in favor of the assessee. en-us Wed, 11 May 2011 00:00:00 +0530 Mon, 31 Oct 2011 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206410 The High Court dismissed the Revenue's appeal, affirming the ITAT's decision that the reopening of the assessment under Section 147 was invalid. The court held that the AO had already considered the relevant facts during the original assessment, and no new material facts had emerged to justify the reopening. The notice under Section 148 was deemed invalid, and the appeal was dismissed in favor of the assessee. Case-Laws Income Tax Wed, 11 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206410