https://www.taxtmi.com/caselaws?id=234242 The court upheld the validity of the notice issued under section 148 of the Income Tax Act, finding that the Assessing Officer had valid reasons to believe that income had escaped assessment. The dismissal of objections against the notice was upheld due to post-assessment material indicating the income's evasion. Reassessment proceedings for the Assessment Year 2006-2007 were deemed timely initiated. The court found donations received lacked genuineness, directed a fresh order for cancellation of registration, and criticized income tax authorities' conduct. The writ petition was dismissed, requiring the petitioner to proceed with reassessment and pay costs within one month. en-us Mon, 27 May 2013 00:00:00 +0530 Mon, 28 Oct 2013 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234242 The court upheld the validity of the notice issued under section 148 of the Income Tax Act, finding that the Assessing Officer had valid reasons to believe that income had escaped assessment. The dismissal of objections against the notice was upheld due to post-assessment material indicating the income's evasion. Reassessment proceedings for the Assessment Year 2006-2007 were deemed timely initiated. The court found donations received lacked genuineness, directed a fresh order for cancellation of registration, and criticized income tax authorities' conduct. The writ petition was dismissed, requiring the petitioner to proceed with reassessment and pay costs within one month. Case-Laws Income Tax Mon, 27 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234242