https://www.taxtmi.com/caselaws?id=244400 Reassessment under the Income-tax Act cannot be continued where the Assessing Officer, after inquiry, accepts that no material connects the assessee with the alleged property and that the tax evasion allegations are unsubstantiated. In such circumstances, a notice under section 148 and any further communication seeking examination of the complainant or cross-examination serve no legal purpose and are beyond jurisdiction. The reassessment notice and the subsequent letter were quashed, as the factual basis for reopening had failed and no further coercive step could be sustained. en-us Mon, 17 Feb 2014 00:00:00 +0530 Fri, 04 Apr 2014 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244400 Reassessment under the Income-tax Act cannot be continued where the Assessing Officer, after inquiry, accepts that no material connects the assessee with the alleged property and that the tax evasion allegations are unsubstantiated. In such circumstances, a notice under section 148 and any further communication seeking examination of the complainant or cross-examination serve no legal purpose and are beyond jurisdiction. The reassessment notice and the subsequent letter were quashed, as the factual basis for reopening had failed and no further coercive step could be sustained. Case-Laws Income Tax Mon, 17 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244400