https://www.taxtmi.com/caselaws?id=332298 The court quashed the notice to reopen the assessment for the assessment year 2004-05, ruling in favor of the petitioner. The court found that the notice lacked substantial grounds as it was based solely on a private complaint without further investigation or reliable evidence linking the company to tax evasion. The lack of concrete evidence undermined the validity of the notice, leading to its dismissal. en-us Wed, 07 Sep 2016 00:00:00 +0530 Wed, 14 Sep 2016 13:24:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332298 The court quashed the notice to reopen the assessment for the assessment year 2004-05, ruling in favor of the petitioner. The court found that the notice lacked substantial grounds as it was based solely on a private complaint without further investigation or reliable evidence linking the company to tax evasion. The lack of concrete evidence undermined the validity of the notice, leading to its dismissal. Case-Laws Income Tax Wed, 07 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332298