https://www.taxtmi.com/caselaws?id=175665 The High Court of Bombay ruled in a writ petition challenging a notice to reopen assessment for AY 2003-2004 under section 148 of the Income-Tax Act, 1961. The notice was based on a claim of double deduction by the assessee trust, deemed as under assessment. However, as the additions were previously deemed impermissible and the assessment was beyond the permissible timeframe, the Court held that the notice could not be sustained due to the absence of failure to disclose material facts by the assessee. The Court quashed the notice and awarded no costs. en-us Tue, 19 Apr 2011 00:00:00 +0530 Wed, 02 Dec 2015 11:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175665 The High Court of Bombay ruled in a writ petition challenging a notice to reopen assessment for AY 2003-2004 under section 148 of the Income-Tax Act, 1961. The notice was based on a claim of double deduction by the assessee trust, deemed as under assessment. However, as the additions were previously deemed impermissible and the assessment was beyond the permissible timeframe, the Court held that the notice could not be sustained due to the absence of failure to disclose material facts by the assessee. The Court quashed the notice and awarded no costs. Case-Laws Income Tax Tue, 19 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175665