https://www.taxtmi.com/caselaws?id=235066 The court upheld the validity of the reassessment notices issued under Sections 147 and 148 of the Income Tax Act, finding that they were not based on a mere change of opinion but were necessary due to the non-examination of material facts. The court determined that the reassessment complied with procedural requirements and was within the limitation period. Consequently, the court dismissed the writ petitions, affirming the jurisdiction of the Assessing Officer and directing examination of factual questions regarding the application of income for charitable purposes. en-us Thu, 04 Jul 2013 00:00:00 +0530 Wed, 10 Jul 2013 08:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235066 The court upheld the validity of the reassessment notices issued under Sections 147 and 148 of the Income Tax Act, finding that they were not based on a mere change of opinion but were necessary due to the non-examination of material facts. The court determined that the reassessment complied with procedural requirements and was within the limitation period. Consequently, the court dismissed the writ petitions, affirming the jurisdiction of the Assessing Officer and directing examination of factual questions regarding the application of income for charitable purposes. Case-Laws Income Tax Thu, 04 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235066