https://www.taxtmi.com/caselaws?id=337961 The court upheld the validity of the notice under Section 148 of the Income Tax Act, ruling that it was issued based on tangible material and with proper approvals. The petitioner's arguments regarding compliance with Section 151, the use of borrowed information, sufficiency of material for reopening assessment, and the applicability of precedents were all addressed, with the court finding in favor of the tax authorities. Consequently, the petition was dismissed, and any interim relief granted was vacated. en-us Thu, 29 Dec 2016 00:00:00 +0530 Mon, 25 May 2026 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337961 The court upheld the validity of the notice under Section 148 of the Income Tax Act, ruling that it was issued based on tangible material and with proper approvals. The petitioner's arguments regarding compliance with Section 151, the use of borrowed information, sufficiency of material for reopening assessment, and the applicability of precedents were all addressed, with the court finding in favor of the tax authorities. Consequently, the petition was dismissed, and any interim relief granted was vacated. Case-Laws Income Tax Thu, 29 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337961