https://www.taxtmi.com/caselaws?id=336971 The court upheld the validity of the notice issued under Section 148 of the Income Tax Act, 1961, for the Assessment Year 2009-10, finding it timely and compliant. It determined that there were grounds for the Assessing Officer to initiate reassessment proceedings based on alleged income escapement. The court dismissed the writ petition, allowing the petitioner to raise objections during the reassessment process without expressing any opinion on the case's merits, leaving it to the Assessing Officer's decision. en-us Mon, 26 Dec 2016 00:00:00 +0530 Sun, 01 Jan 2017 14:19:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336971 The court upheld the validity of the notice issued under Section 148 of the Income Tax Act, 1961, for the Assessment Year 2009-10, finding it timely and compliant. It determined that there were grounds for the Assessing Officer to initiate reassessment proceedings based on alleged income escapement. The court dismissed the writ petition, allowing the petitioner to raise objections during the reassessment process without expressing any opinion on the case's merits, leaving it to the Assessing Officer's decision. Case-Laws Income Tax Mon, 26 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336971