https://www.taxtmi.com/caselaws?id=210803 The court quashed the notice issued under Section 148 of the Income Tax Act, 1961, as it was beyond the permissible period and found that the petitioner had disclosed all necessary facts during the original assessment. The re-assessment order under Section 147 was deemed invalid as it was based on facts already disclosed. The court held that there was no failure on the petitioner's part to disclose material facts, leading to the quashing of the notice and all further proceedings without costs. en-us Mon, 13 Feb 2012 00:00:00 +0530 Sat, 26 Oct 2013 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210803 The court quashed the notice issued under Section 148 of the Income Tax Act, 1961, as it was beyond the permissible period and found that the petitioner had disclosed all necessary facts during the original assessment. The re-assessment order under Section 147 was deemed invalid as it was based on facts already disclosed. The court held that there was no failure on the petitioner's part to disclose material facts, leading to the quashing of the notice and all further proceedings without costs. Case-Laws Income Tax Mon, 13 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210803