https://www.taxtmi.com/caselaws?id=176108 The court held that the notice issued under Section 148 of the Income-tax Act, 1961 for Assessment Year 2005-2006 was invalid as it was beyond the four-year period and lacked evidence of the petitioner's failure to disclose material facts. The court emphasized the requirement of such failure for invoking Section 147 after the prescribed period. As there was no such failure and the notice was time-barred, the court deemed the proceedings under Section 147 invalid. Consequently, the court granted the writ petition, quashing the notice dated 13.1.2012 issued under Section 148 of the Income Tax Act, 1961. en-us Wed, 20 Mar 2013 00:00:00 +0530 Mon, 14 Dec 2015 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176108 The court held that the notice issued under Section 148 of the Income-tax Act, 1961 for Assessment Year 2005-2006 was invalid as it was beyond the four-year period and lacked evidence of the petitioner's failure to disclose material facts. The court emphasized the requirement of such failure for invoking Section 147 after the prescribed period. As there was no such failure and the notice was time-barred, the court deemed the proceedings under Section 147 invalid. Consequently, the court granted the writ petition, quashing the notice dated 13.1.2012 issued under Section 148 of the Income Tax Act, 1961. Case-Laws Income Tax Wed, 20 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176108