https://www.taxtmi.com/caselaws?id=328592 The court quashed the notices issued under Section 148 and rejected the objections to reopening assessments for the relevant Assessment Years. The court found the reopening was unjustified, based on a change of opinion, and violated the third proviso to Section 147 regarding pending appeals. The court emphasized the necessity of disclosing material facts fully and truly for valid reassessment. The writ petitions by companies of the Alcatel-Lucent group were allowed, leading to the invalidation of the reopening of assessments. en-us Wed, 27 Apr 2016 00:00:00 +0530 Tue, 07 Jun 2016 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328592 The court quashed the notices issued under Section 148 and rejected the objections to reopening assessments for the relevant Assessment Years. The court found the reopening was unjustified, based on a change of opinion, and violated the third proviso to Section 147 regarding pending appeals. The court emphasized the necessity of disclosing material facts fully and truly for valid reassessment. The writ petitions by companies of the Alcatel-Lucent group were allowed, leading to the invalidation of the reopening of assessments. Case-Laws Income Tax Wed, 27 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328592