https://www.taxtmi.com/caselaws?id=328426 The court dismissed the petition seeking to quash proceedings under Section 147 of the Income Tax Act for assessment years 2009-10, 2010-11, and 2011-12. The Assessing Officer's reasons to believe were deemed sufficient based on partners' statements and investigation material. The court emphasized the need for relevant material at the notice stage, upholding the Officer's jurisdiction under Section 147. The petitioner's request to await the Tribunal's decision was denied, emphasizing the obligation to provide information during assessment proceedings. en-us Mon, 23 May 2016 00:00:00 +0530 Thu, 17 Nov 2016 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328426 The court dismissed the petition seeking to quash proceedings under Section 147 of the Income Tax Act for assessment years 2009-10, 2010-11, and 2011-12. The Assessing Officer's reasons to believe were deemed sufficient based on partners' statements and investigation material. The court emphasized the need for relevant material at the notice stage, upholding the Officer's jurisdiction under Section 147. The petitioner's request to await the Tribunal's decision was denied, emphasizing the obligation to provide information during assessment proceedings. Case-Laws Income Tax Mon, 23 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328426