https://www.taxtmi.com/caselaws?id=337767 The High Court upheld the decisions of the Commissioner of Income Tax (Appeals) and the Tribunal, ruling that the reopening of the assessment for Assessment Year 1997-98 was invalid as there was no failure by the assessee to disclose all material facts necessary for assessment. The Court found that the revised return of income filed by the assessee contained all required information, rendering the notice under Section 148 of the Income Tax Act unjustified. The appeal by the Revenue was dismissed, and no costs were awarded. en-us Thu, 05 Jan 2017 00:00:00 +0530 Tue, 17 Jan 2017 08:17:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337767 The High Court upheld the decisions of the Commissioner of Income Tax (Appeals) and the Tribunal, ruling that the reopening of the assessment for Assessment Year 1997-98 was invalid as there was no failure by the assessee to disclose all material facts necessary for assessment. The Court found that the revised return of income filed by the assessee contained all required information, rendering the notice under Section 148 of the Income Tax Act unjustified. The appeal by the Revenue was dismissed, and no costs were awarded. Case-Laws Income Tax Thu, 05 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337767