https://www.taxtmi.com/caselaws?id=332073 The court found in favor of the petitioner, holding that the notice issued by the Assessing Officer under Section 148 of the Income Tax Act for reopening the assessment for the Assessment Year 2008-09 was unsustainable. The court determined that there was no failure on the part of the assessee to fully and truly disclose material facts necessary for assessment, rendering the notice without jurisdiction. Interim relief was granted to the petitioner, emphasizing the importance of meeting jurisdictional requirements for reopening assessments beyond the statutory period. en-us Wed, 24 Aug 2016 00:00:00 +0530 Fri, 09 Sep 2016 22:18:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332073 The court found in favor of the petitioner, holding that the notice issued by the Assessing Officer under Section 148 of the Income Tax Act for reopening the assessment for the Assessment Year 2008-09 was unsustainable. The court determined that there was no failure on the part of the assessee to fully and truly disclose material facts necessary for assessment, rendering the notice without jurisdiction. Interim relief was granted to the petitioner, emphasizing the importance of meeting jurisdictional requirements for reopening assessments beyond the statutory period. Case-Laws Income Tax Wed, 24 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332073