https://www.taxtmi.com/caselaws?id=212091 The court upheld the reopening of the assessment for the Assessment Year 2004-2005 under Section 148 of the Income Tax Act, 1961. It found that there was sufficient material for the Assessing Officer to form a reason to believe that income had escaped assessment, fulfilling the jurisdictional requirements under Section 147. The petition challenging the reopening was dismissed, and the interim relief restraining the Assessing Officer was vacated to allow for the completion of the assessment process in compliance with the law. en-us Mon, 02 Apr 2012 00:00:00 +0530 Wed, 16 May 2012 19:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212091 The court upheld the reopening of the assessment for the Assessment Year 2004-2005 under Section 148 of the Income Tax Act, 1961. It found that there was sufficient material for the Assessing Officer to form a reason to believe that income had escaped assessment, fulfilling the jurisdictional requirements under Section 147. The petition challenging the reopening was dismissed, and the interim relief restraining the Assessing Officer was vacated to allow for the completion of the assessment process in compliance with the law. Case-Laws Income Tax Mon, 02 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212091