https://www.taxtmi.com/caselaws?id=335472 Reopening of a completed assessment beyond four years was held invalid because the assessee had already disclosed the relevant particulars fully and truly during scrutiny assessment. The Assessing Officer's later view that tax should have been deducted under Section 194H and that disallowance followed under Sections 40(a)(ia) and 37(1) amounted only to a fresh inference from the same material. In the absence of any demonstrable failure to disclose material facts, the jurisdiction to reassess could not be invoked, and the notice under Section 148 was quashed. en-us Mon, 21 Nov 2016 00:00:00 +0530 Sat, 13 May 2017 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335472 Reopening of a completed assessment beyond four years was held invalid because the assessee had already disclosed the relevant particulars fully and truly during scrutiny assessment. The Assessing Officer's later view that tax should have been deducted under Section 194H and that disallowance followed under Sections 40(a)(ia) and 37(1) amounted only to a fresh inference from the same material. In the absence of any demonstrable failure to disclose material facts, the jurisdiction to reassess could not be invoked, and the notice under Section 148 was quashed. Case-Laws Income Tax Mon, 21 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335472