https://www.taxtmi.com/caselaws?id=236696 The court dismissed the writ petition, upholding the validity of the second reassessment notice. It found that the Assessing Officer had jurisdiction to issue the notice based on new material facts and that the petitioner had not made a full and true disclosure of all material facts necessary for assessment. Additionally, the court imposed costs of Rs. 10,000 on the petitioner. en-us Fri, 30 Aug 2013 00:00:00 +0530 Sat, 07 Dec 2013 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236696 The court dismissed the writ petition, upholding the validity of the second reassessment notice. It found that the Assessing Officer had jurisdiction to issue the notice based on new material facts and that the petitioner had not made a full and true disclosure of all material facts necessary for assessment. Additionally, the court imposed costs of Rs. 10,000 on the petitioner. Case-Laws Income Tax Fri, 30 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236696