https://www.taxtmi.com/caselaws?id=215160 The court held that the Assessing Officer failed to establish the necessary conditions for reopening the assessment under section 147 after the four-year limit. As there was no indication of escaped income due to a failure to disclose material facts, the jurisdiction to reopen the assessment was deemed invalid. Consequently, the impugned notice seeking to reopen the assessment was quashed and set aside, with the petition allowed. en-us Mon, 02 Jul 2012 00:00:00 +0530 Wed, 25 Jul 2012 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215160 The court held that the Assessing Officer failed to establish the necessary conditions for reopening the assessment under section 147 after the four-year limit. As there was no indication of escaped income due to a failure to disclose material facts, the jurisdiction to reopen the assessment was deemed invalid. Consequently, the impugned notice seeking to reopen the assessment was quashed and set aside, with the petition allowed. Case-Laws Income Tax Mon, 02 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215160