https://www.taxtmi.com/caselaws?id=248385 The court quashed the notice issued by the Assessing Officer under section 148 of the Income-tax Act, 1961, due to the absence of recorded reasons for reopening the assessment, rendering the notice ineffective. Despite obtaining Commissioner's approval, the failure to comply with the statutory requirement of recording reasons before issuing the notice led to its invalidation. The court highlighted the significance of adherence to procedural norms in issuing such notices and emphasized the necessity of fulfilling statutory requirements for validity under the Act. en-us Tue, 16 Apr 2013 00:00:00 +0530 Wed, 11 Jun 2014 11:34:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248385 The court quashed the notice issued by the Assessing Officer under section 148 of the Income-tax Act, 1961, due to the absence of recorded reasons for reopening the assessment, rendering the notice ineffective. Despite obtaining Commissioner's approval, the failure to comply with the statutory requirement of recording reasons before issuing the notice led to its invalidation. The court highlighted the significance of adherence to procedural norms in issuing such notices and emphasized the necessity of fulfilling statutory requirements for validity under the Act. Case-Laws Income Tax Tue, 16 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248385