https://www.taxtmi.com/caselaws?id=211269 The court held that the re-opening of assessment under section 147 of the Income Tax Act was not valid as there was no failure on the part of the assessee to disclose material facts. The court found that the Assessing Officer lacked jurisdiction to re-open the assessment based on specific grounds related to provisions written back and depreciation claim. The court quashed and set aside the notice re-opening the assessment, ruling in favor of the petitioner. en-us Thu, 24 Mar 2011 00:00:00 +0530 Sat, 29 Jun 2013 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211269 The court held that the re-opening of assessment under section 147 of the Income Tax Act was not valid as there was no failure on the part of the assessee to disclose material facts. The court found that the Assessing Officer lacked jurisdiction to re-open the assessment based on specific grounds related to provisions written back and depreciation claim. The court quashed and set aside the notice re-opening the assessment, ruling in favor of the petitioner. Case-Laws Income Tax Thu, 24 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211269