https://www.taxtmi.com/caselaws?id=262654 The court allowed the petition, quashing the notice under Section 148 of the Income Tax Act and the consequential reassessment order. The reopening of the assessment was deemed invalid as it was solely based on an audit objection without an independent opinion by the Assessing Officer. The court held that exercising powers under Article 226 of the Constitution of India was appropriate in this case. en-us Wed, 06 May 2015 00:00:00 +0530 Mon, 17 Aug 2015 06:50:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262654 The court allowed the petition, quashing the notice under Section 148 of the Income Tax Act and the consequential reassessment order. The reopening of the assessment was deemed invalid as it was solely based on an audit objection without an independent opinion by the Assessing Officer. The court held that exercising powers under Article 226 of the Constitution of India was appropriate in this case. Case-Laws Income Tax Wed, 06 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262654