https://www.taxtmi.com/caselaws?id=271425 The High Court quashed the notice seeking to reopen the assessment for Assessment Year 2010-11 as the income chargeable to tax had not genuinely escaped assessment. The court emphasized that the service tax component was not chargeable to tax as per the CBDT circular and the Assessing Officer's reasoning. Therefore, there was no valid reason for reopening the assessment. The petition was disposed of accordingly. en-us Tue, 02 Feb 2016 00:00:00 +0530 Thu, 04 Feb 2016 07:03:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271425 The High Court quashed the notice seeking to reopen the assessment for Assessment Year 2010-11 as the income chargeable to tax had not genuinely escaped assessment. The court emphasized that the service tax component was not chargeable to tax as per the CBDT circular and the Assessing Officer's reasoning. Therefore, there was no valid reason for reopening the assessment. The petition was disposed of accordingly. Case-Laws Income Tax Tue, 02 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271425