https://www.taxtmi.com/caselaws?id=211271 The court held that the reopening of assessment under Section 147 of the Income-tax Act, 1961 for the assessment year 2003-2004 was not justified as the assessee had fully disclosed all necessary details during the original assessment proceedings. The court found no failure on the part of the assessee to disclose fully and truly all material facts, thereby quashing the notice for reopening and the order rejecting objections, ruling in favor of the petitioner. en-us Mon, 04 Apr 2011 00:00:00 +0530 Sat, 29 Jun 2013 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211271 The court held that the reopening of assessment under Section 147 of the Income-tax Act, 1961 for the assessment year 2003-2004 was not justified as the assessee had fully disclosed all necessary details during the original assessment proceedings. The court found no failure on the part of the assessee to disclose fully and truly all material facts, thereby quashing the notice for reopening and the order rejecting objections, ruling in favor of the petitioner. Case-Laws Income Tax Mon, 04 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211271