https://www.taxtmi.com/caselaws?id=211394 The High Court deemed the reopening of assessment proceedings for the assessment year 2004-05 under section 148 of the IT Act, 1961 unwarranted and without jurisdiction. The Court found that the petitioner had fully disclosed all material facts necessary for assessment during the original assessment, and there was no failure on their part. Consequently, the Court quashed the notice for reopening assessment and set aside the order rejecting the objections, ruling in favor of the petitioner. en-us Mon, 01 Aug 2011 00:00:00 +0530 Fri, 16 Mar 2012 09:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211394 The High Court deemed the reopening of assessment proceedings for the assessment year 2004-05 under section 148 of the IT Act, 1961 unwarranted and without jurisdiction. The Court found that the petitioner had fully disclosed all material facts necessary for assessment during the original assessment, and there was no failure on their part. Consequently, the Court quashed the notice for reopening assessment and set aside the order rejecting the objections, ruling in favor of the petitioner. Case-Laws Income Tax Mon, 01 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211394