https://www.taxtmi.com/caselaws?id=336640 The court held that the reopening of the assessment for AY 2010-11 beyond four years was not justified as the petitioner had disclosed all necessary facts during the original assessment. The impugned notice and reassessment proceedings under Section 147 were quashed and set aside. The petition was allowed, and the rule was made absolute with no order as to costs. en-us Tue, 13 Dec 2016 00:00:00 +0530 Mon, 26 Dec 2016 14:18:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336640 The court held that the reopening of the assessment for AY 2010-11 beyond four years was not justified as the petitioner had disclosed all necessary facts during the original assessment. The impugned notice and reassessment proceedings under Section 147 were quashed and set aside. The petition was allowed, and the rule was made absolute with no order as to costs. Case-Laws Income Tax Tue, 13 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336640