https://www.taxtmi.com/caselaws?id=235386 The High Court of Gujarat held that the notice for reopening the assessment for the assessment year 2006-07 was invalid as it was issued beyond the statutory period and there was no failure on the part of the assessee to disclose all material facts necessary for assessment. The Court emphasized that the Assessing Officer had thoroughly examined the claim for deduction under Section 80IA during the original assessment proceedings, and the irregularity noticed in the subsequent year did not warrant the reopening of the assessment. Therefore, the Court allowed the petition and quashed the impugned notice. en-us Mon, 08 Apr 2013 00:00:00 +0530 Tue, 07 Apr 2026 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235386 The High Court of Gujarat held that the notice for reopening the assessment for the assessment year 2006-07 was invalid as it was issued beyond the statutory period and there was no failure on the part of the assessee to disclose all material facts necessary for assessment. The Court emphasized that the Assessing Officer had thoroughly examined the claim for deduction under Section 80IA during the original assessment proceedings, and the irregularity noticed in the subsequent year did not warrant the reopening of the assessment. Therefore, the Court allowed the petition and quashed the impugned notice. Case-Laws Income Tax Mon, 08 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235386