https://www.taxtmi.com/caselaws?id=209311 The High Court allowed the petition, quashing the notice issued under section 148 of the Income-tax Act to reopen assessment for the assessment year 1992-93. The court held that the notice, issued beyond the prescribed four-year period without any failure to disclose material facts, lacked jurisdiction. The court ruled in favor of the petitioner, concluding that the reassessment proceedings were barred by limitation, rendering the Assessing Officer's assumption of jurisdiction invalid. en-us Tue, 11 Jan 2011 00:00:00 +0530 Tue, 23 Jul 2013 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209311 The High Court allowed the petition, quashing the notice issued under section 148 of the Income-tax Act to reopen assessment for the assessment year 1992-93. The court held that the notice, issued beyond the prescribed four-year period without any failure to disclose material facts, lacked jurisdiction. The court ruled in favor of the petitioner, concluding that the reassessment proceedings were barred by limitation, rendering the Assessing Officer's assumption of jurisdiction invalid. Case-Laws Income Tax Tue, 11 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209311