https://www.taxtmi.com/caselaws?id=336027 The court dismissed the writ petition challenging the notice under Section 148 of the Income Tax Act, 1961 to reopen the Assessment Year 2009-10. The court upheld the Assessing Officer's reasonable belief that income had escaped assessment due to client code modifications leading to potential tax evasion. The petitioner's jurisdictional challenge was rejected as the court found a failure to fully disclose material particulars during the regular assessment, justifying the reopening. The court emphasized the significance of analyzing data in determining income escaping assessment and allowed the petitioner to address the issue during assessment proceedings. en-us Wed, 07 Dec 2016 00:00:00 +0530 Wed, 14 Dec 2016 16:14:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336027 The court dismissed the writ petition challenging the notice under Section 148 of the Income Tax Act, 1961 to reopen the Assessment Year 2009-10. The court upheld the Assessing Officer's reasonable belief that income had escaped assessment due to client code modifications leading to potential tax evasion. The petitioner's jurisdictional challenge was rejected as the court found a failure to fully disclose material particulars during the regular assessment, justifying the reopening. The court emphasized the significance of analyzing data in determining income escaping assessment and allowed the petitioner to address the issue during assessment proceedings. Case-Laws Income Tax Wed, 07 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336027