https://www.taxtmi.com/caselaws?id=268122 The High Court allowed the writ petition, quashing reassessment proceedings initiated by the Assessing Officer for the second time after four years. The court found that the petitioner had disclosed all material facts, and there was no failure on their part to provide necessary information, leading to the invalidity of the reassessment. The court decided to proceed with the matter on its merits rather than directing the petitioner to pursue an alternative remedy, given the belated stage of the proceedings. en-us Thu, 05 Nov 2015 00:00:00 +0530 Fri, 20 Nov 2015 10:23:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268122 The High Court allowed the writ petition, quashing reassessment proceedings initiated by the Assessing Officer for the second time after four years. The court found that the petitioner had disclosed all material facts, and there was no failure on their part to provide necessary information, leading to the invalidity of the reassessment. The court decided to proceed with the matter on its merits rather than directing the petitioner to pursue an alternative remedy, given the belated stage of the proceedings. Case-Laws Income Tax Thu, 05 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268122