https://www.taxtmi.com/caselaws?id=178864 The court upheld the validity of the notice issued under section 148 for reassessment under section 147, dismissing the petition. It found the Assessing Officer had valid reasons to believe income had escaped assessment in 1992-93 due to lack of disclosure, justifying the reassessment notice. The court's observations were tentative, and all contentions remained open, with interim relief extended for four weeks as requested by the petitioner's counsel. en-us Wed, 31 Jul 1996 00:00:00 +0530 Mon, 15 Feb 2016 12:23:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178864 The court upheld the validity of the notice issued under section 148 for reassessment under section 147, dismissing the petition. It found the Assessing Officer had valid reasons to believe income had escaped assessment in 1992-93 due to lack of disclosure, justifying the reassessment notice. The court's observations were tentative, and all contentions remained open, with interim relief extended for four weeks as requested by the petitioner's counsel. Case-Laws Income Tax Wed, 31 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178864