https://www.taxtmi.com/caselaws?id=261402 The High Court quashed the notice issued under section 148 of the Income Tax Act for reopening the assessment, citing insufficient reasons and failure to meet statutory requirements. The court criticized the revenue authority's rejection of objections as mechanical and lacking detailed consideration, emphasizing the need for a thorough review. Ultimately, the court found the notice unsustainable due to non-application of mind, ruling in favor of the petitioner and setting aside the reopening of the assessment without imposing costs. en-us Tue, 28 Apr 2015 00:00:00 +0530 Fri, 10 Jul 2015 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261402 The High Court quashed the notice issued under section 148 of the Income Tax Act for reopening the assessment, citing insufficient reasons and failure to meet statutory requirements. The court criticized the revenue authority's rejection of objections as mechanical and lacking detailed consideration, emphasizing the need for a thorough review. Ultimately, the court found the notice unsustainable due to non-application of mind, ruling in favor of the petitioner and setting aside the reopening of the assessment without imposing costs. Case-Laws Income Tax Tue, 28 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261402