https://www.taxtmi.com/caselaws?id=336551 Reopening of completed assessments beyond four years under Section 147 requires a jurisdictional failure by the assessee to disclose fully and truly all material facts necessary for assessment. Where exemption under Section 11 had been claimed while registration under Section 12A(a) was in force and had been accepted in the original assessment, a later retrospective withdrawal of registration does not by itself justify reopening. In the absence of any non-disclosure at the relevant time, notices under Section 148 are unsustainable and the reassessment proceedings cannot be validly initiated. en-us Fri, 09 Dec 2016 00:00:00 +0530 Fri, 23 Dec 2016 11:17:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336551 Reopening of completed assessments beyond four years under Section 147 requires a jurisdictional failure by the assessee to disclose fully and truly all material facts necessary for assessment. Where exemption under Section 11 had been claimed while registration under Section 12A(a) was in force and had been accepted in the original assessment, a later retrospective withdrawal of registration does not by itself justify reopening. In the absence of any non-disclosure at the relevant time, notices under Section 148 are unsustainable and the reassessment proceedings cannot be validly initiated. Case-Laws Income Tax Fri, 09 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336551