https://www.taxtmi.com/caselaws?id=235782 The High Court quashed a notice seeking to reopen the assessment year 2006-2007 under section 148 of the Income-tax Act, 1961. The Assessing Officer disputed the petitioner's claim of bad debt, alleging it did not meet statutory requirements. The court found the notice issued beyond the prescribed timeframe and determined that all necessary facts were disclosed during the original assessment, leading to the dismissal of the petition. en-us Mon, 08 Apr 2013 00:00:00 +0530 Sat, 21 Feb 2015 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235782 The High Court quashed a notice seeking to reopen the assessment year 2006-2007 under section 148 of the Income-tax Act, 1961. The Assessing Officer disputed the petitioner's claim of bad debt, alleging it did not meet statutory requirements. The court found the notice issued beyond the prescribed timeframe and determined that all necessary facts were disclosed during the original assessment, leading to the dismissal of the petition. Case-Laws Income Tax Mon, 08 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235782