https://www.taxtmi.com/caselaws?id=327304 The court allowed the writ petition, setting aside the notice under section 148 of the Income-tax Act for the assessment year 2007-08 and the subsequent order. The court held that the conditions for reopening the assessment were not met as the assessee had fully and truly disclosed all material facts necessary for assessment. The decision emphasized the importance of adhering to statutory requirements for reopening assessments and the obligation of the assessee to provide complete and accurate information. No costs were awarded in the case. en-us Mon, 21 Sep 2015 00:00:00 +0530 Sun, 08 May 2016 17:21:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327304 The court allowed the writ petition, setting aside the notice under section 148 of the Income-tax Act for the assessment year 2007-08 and the subsequent order. The court held that the conditions for reopening the assessment were not met as the assessee had fully and truly disclosed all material facts necessary for assessment. The decision emphasized the importance of adhering to statutory requirements for reopening assessments and the obligation of the assessee to provide complete and accurate information. No costs were awarded in the case. Case-Laws Income Tax Mon, 21 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327304