https://www.taxtmi.com/caselaws?id=333150 A reassessment notice issued beyond four years from the end of the relevant assessment year was held invalid because there was no allegation or finding that the assessee had failed to fully and truly disclose all material facts necessary for assessment. In proceedings under the first proviso to section 147, reopening cannot be sustained unless the jurisdictional requirement of such nondisclosure is met. Once the reopening was found without jurisdiction, the issues concerning section 115JB became academic. The Revenue's appeal therefore failed. en-us Wed, 28 Sep 2016 00:00:00 +0530 Wed, 05 Oct 2016 14:47:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333150 A reassessment notice issued beyond four years from the end of the relevant assessment year was held invalid because there was no allegation or finding that the assessee had failed to fully and truly disclose all material facts necessary for assessment. In proceedings under the first proviso to section 147, reopening cannot be sustained unless the jurisdictional requirement of such nondisclosure is met. Once the reopening was found without jurisdiction, the issues concerning section 115JB became academic. The Revenue's appeal therefore failed. Case-Laws Income Tax Wed, 28 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333150