https://www.taxtmi.com/caselaws?id=252396 The High Court quashed and set aside a notice issued under section 148 of the Income Tax Act in 2014 to reopen the assessment for the year 2008-09. The court held that the petitioner had not failed to disclose all material facts, and the reassessment based on the claimed additional depreciation was without legal basis. The petition was allowed, and no costs were awarded. en-us Mon, 25 Aug 2014 00:00:00 +0530 Fri, 08 May 2015 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252396 The High Court quashed and set aside a notice issued under section 148 of the Income Tax Act in 2014 to reopen the assessment for the year 2008-09. The court held that the petitioner had not failed to disclose all material facts, and the reassessment based on the claimed additional depreciation was without legal basis. The petition was allowed, and no costs were awarded. Case-Laws Income Tax Mon, 25 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252396