https://www.taxtmi.com/caselaws?id=256213 The court ruled that the notice issued under Section 148 of the Income Tax Act was without jurisdiction as there was no new material justifying reassessment. The reasons to believe lacked a rational nexus with the alleged income escape. Consequently, the court quashed the notice dated 17.12.2007, allowing the writ petition. en-us Wed, 04 Feb 2015 00:00:00 +0530 Thu, 07 May 2015 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256213 The court ruled that the notice issued under Section 148 of the Income Tax Act was without jurisdiction as there was no new material justifying reassessment. The reasons to believe lacked a rational nexus with the alleged income escape. Consequently, the court quashed the notice dated 17.12.2007, allowing the writ petition. Case-Laws Income Tax Wed, 04 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256213