https://www.taxtmi.com/caselaws?id=262653 The court held that the reassessment proceedings initiated beyond four years under Section 148 of the Income Tax Act for the Assessment Year 2008-2009 were not permissible as there was no failure on the part of the assessee to disclose all material facts. The court quashed and set aside the impugned notice and reassessment proceedings, ruling in favor of the petitioner and making the rule absolute with no order as to costs. en-us Wed, 08 Apr 2015 00:00:00 +0530 Mon, 17 Aug 2015 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262653 The court held that the reassessment proceedings initiated beyond four years under Section 148 of the Income Tax Act for the Assessment Year 2008-2009 were not permissible as there was no failure on the part of the assessee to disclose all material facts. The court quashed and set aside the impugned notice and reassessment proceedings, ruling in favor of the petitioner and making the rule absolute with no order as to costs. Case-Laws Income Tax Wed, 08 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262653