https://www.taxtmi.com/caselaws?id=212539 The court allowed the petition, quashing the notice issued under Section 148 of the Income Tax Act, 1961, as it was beyond the permissible period of four years and lacked jurisdiction. The court emphasized the petitioner's full disclosure during the original assessment and dismissed the argument of alternative remedy, stating reassessment should not occur when the notice is invalid. The rule was made absolute with no order as to costs. en-us Fri, 18 Nov 2011 00:00:00 +0530 Tue, 20 Nov 2012 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212539 The court allowed the petition, quashing the notice issued under Section 148 of the Income Tax Act, 1961, as it was beyond the permissible period of four years and lacked jurisdiction. The court emphasized the petitioner's full disclosure during the original assessment and dismissed the argument of alternative remedy, stating reassessment should not occur when the notice is invalid. The rule was made absolute with no order as to costs. Case-Laws Income Tax Fri, 18 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212539