https://www.taxtmi.com/caselaws?id=270996 The court quashed the notice issued under Section 148 of the Income Tax Act, along with the subsequent order and proceedings. It emphasized the necessity of fresh material for reopening assessments and ruled that audit objections alone cannot compel the Assessing Officer to reopen assessments. The court invalidated reasons based on alleged non-disclosure of material facts by the assessee and highlighted that the AO must act independently without external pressure. The writ petition was allowed, underscoring the importance of the AO's autonomous exercise of statutory powers. en-us Thu, 14 Jan 2016 00:00:00 +0530 Tue, 03 May 2016 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270996 The court quashed the notice issued under Section 148 of the Income Tax Act, along with the subsequent order and proceedings. It emphasized the necessity of fresh material for reopening assessments and ruled that audit objections alone cannot compel the Assessing Officer to reopen assessments. The court invalidated reasons based on alleged non-disclosure of material facts by the assessee and highlighted that the AO must act independently without external pressure. The writ petition was allowed, underscoring the importance of the AO's autonomous exercise of statutory powers. Case-Laws Income Tax Thu, 14 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270996