https://www.taxtmi.com/caselaws?id=173577 The court dismissed the writ petition challenging the notice u/s 148 of the Income Tax Act for the assessment year 2003-04, holding that the valuation report provided tangible material to form the belief of escaped assessment. The petitioner was permitted to contest the investment estimate in the reassessment proceeding by presenting evidence. en-us Fri, 27 Aug 2010 00:00:00 +0530 Thu, 17 Sep 2015 13:16:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173577 The court dismissed the writ petition challenging the notice u/s 148 of the Income Tax Act for the assessment year 2003-04, holding that the valuation report provided tangible material to form the belief of escaped assessment. The petitioner was permitted to contest the investment estimate in the reassessment proceeding by presenting evidence. Case-Laws Income Tax Fri, 27 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173577