https://www.taxtmi.com/caselaws?id=218971 The High Court dismissed the petition challenging the notice for reopening the assessment for the assessment year 2004-05. The Court found that the Assessing Officer had not formed an opinion on the taxability of the entrance fees during the original assessment. Therefore, the notice issued within four years from the end of the relevant assessment year was deemed valid. The decision was based on the interpretation of the reasons recorded for reopening, the jurisdiction of the Assessing Officer, and the examination of the taxability of the receipt of entrance fees. en-us Mon, 27 Aug 2012 00:00:00 +0530 Fri, 30 Nov 2012 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218971 The High Court dismissed the petition challenging the notice for reopening the assessment for the assessment year 2004-05. The Court found that the Assessing Officer had not formed an opinion on the taxability of the entrance fees during the original assessment. Therefore, the notice issued within four years from the end of the relevant assessment year was deemed valid. The decision was based on the interpretation of the reasons recorded for reopening, the jurisdiction of the Assessing Officer, and the examination of the taxability of the receipt of entrance fees. Case-Laws Income Tax Mon, 27 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218971