https://www.taxtmi.com/caselaws?id=244065 The petition challenging the notice under Section 148 of the Income Tax Act for reopening the assessment for the year 2007-08 was dismissed. The Court held that the Assessing Officer had tangible material to believe that income had escaped assessment, and the petitioner's objections did not provide a sufficient explanation. The Court found no grounds to interfere with the notice, emphasizing the importance of maintaining objections raised before the Assessing Officer unless the notice is without jurisdiction. en-us Fri, 14 Feb 2014 00:00:00 +0530 Sat, 07 Jun 2014 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244065 The petition challenging the notice under Section 148 of the Income Tax Act for reopening the assessment for the year 2007-08 was dismissed. The Court held that the Assessing Officer had tangible material to believe that income had escaped assessment, and the petitioner's objections did not provide a sufficient explanation. The Court found no grounds to interfere with the notice, emphasizing the importance of maintaining objections raised before the Assessing Officer unless the notice is without jurisdiction. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244065