https://www.taxtmi.com/caselaws?id=210325 The Court upheld the Tribunal's decision regarding the validity of proceedings under Section 148 and the order under Section 143(3), emphasizing the presumption of valid service of notice under Section 292BB if the assessee cooperates. The Tribunal's justification for issuing notice under Section 148 was accepted, rejecting the argument of lack of material for reassessment. The Court upheld the Tribunal's findings on the absence of concealment or wrong deduction by the appellant, emphasizing the Assessing Officer's subjective satisfaction for issuing a notice under Section 147. The appeal challenging the notice u/s 148 based on a retrospective amendment beyond four years was dismissed for lack of merit. en-us Tue, 12 Jul 2011 00:00:00 +0530 Fri, 15 May 2026 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210325 The Court upheld the Tribunal's decision regarding the validity of proceedings under Section 148 and the order under Section 143(3), emphasizing the presumption of valid service of notice under Section 292BB if the assessee cooperates. The Tribunal's justification for issuing notice under Section 148 was accepted, rejecting the argument of lack of material for reassessment. The Court upheld the Tribunal's findings on the absence of concealment or wrong deduction by the appellant, emphasizing the Assessing Officer's subjective satisfaction for issuing a notice under Section 147. The appeal challenging the notice u/s 148 based on a retrospective amendment beyond four years was dismissed for lack of merit. Case-Laws Income Tax Tue, 12 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210325