https://www.taxtmi.com/caselaws?id=215460 The High Court dismissed the writ petition challenging a notice issued under section 148 of the Income Tax Act, 1961 for the assessment year 2006-07. The court found no merit in the petitioner's arguments regarding the validity of section 147, interpretation of unabsorbed depreciation provisions, jurisdiction of the Assessing Officer in reopening assessments, and applicability of the second proviso to section 147. The petitioner was not granted the requested declaratory relief or mandamus but was allowed to participate in ongoing proceedings before the assessing officer. en-us Fri, 11 Feb 2011 00:00:00 +0530 Mon, 01 Jul 2013 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215460 The High Court dismissed the writ petition challenging a notice issued under section 148 of the Income Tax Act, 1961 for the assessment year 2006-07. The court found no merit in the petitioner's arguments regarding the validity of section 147, interpretation of unabsorbed depreciation provisions, jurisdiction of the Assessing Officer in reopening assessments, and applicability of the second proviso to section 147. The petitioner was not granted the requested declaratory relief or mandamus but was allowed to participate in ongoing proceedings before the assessing officer. Case-Laws Income Tax Fri, 11 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215460