https://www.taxtmi.com/caselaws?id=209286 The court allowed the petition, quashing the notices issued under section 148 of the Income-tax Act, 1961 for reopening assessments for the years 1991-92 to 1998-99. The reopening of assessments was deemed invalid for the years 1991-92 to 1995-96 due to notices being beyond the four-year period and a failure to disclose material facts. For the years 1996-97 to 1998-99, reliance on a decision subsequently reversed by the Supreme Court rendered the reopening unjustified. The court set aside the reopening of assessments and imposed no costs on the petitioner. en-us Tue, 11 Jan 2011 00:00:00 +0530 Wed, 24 Jul 2013 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209286 The court allowed the petition, quashing the notices issued under section 148 of the Income-tax Act, 1961 for reopening assessments for the years 1991-92 to 1998-99. The reopening of assessments was deemed invalid for the years 1991-92 to 1995-96 due to notices being beyond the four-year period and a failure to disclose material facts. For the years 1996-97 to 1998-99, reliance on a decision subsequently reversed by the Supreme Court rendered the reopening unjustified. The court set aside the reopening of assessments and imposed no costs on the petitioner. Case-Laws Income Tax Tue, 11 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209286