https://www.taxtmi.com/caselaws?id=220494 The court held that the reopening of assessments for the years 2007-08 and 2008-09 was invalid as it was not based on correct reasons and misinterpretation of the relevant provisions. The court quashed the reopening notices for both years, leaving the issue of the assessment year 2008-09 open for future consideration. en-us Mon, 22 Oct 2012 00:00:00 +0530 Fri, 25 Jan 2013 15:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220494 The court held that the reopening of assessments for the years 2007-08 and 2008-09 was invalid as it was not based on correct reasons and misinterpretation of the relevant provisions. The court quashed the reopening notices for both years, leaving the issue of the assessment year 2008-09 open for future consideration. Case-Laws Income Tax Mon, 22 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220494