https://www.taxtmi.com/caselaws?id=341949 The Court held that the reopening of the assessment for A.Y. 2009-2010 was unjustified as there was no failure to disclose material facts by the assessee. The Court found that the reasons for reopening the assessment were based on incorrect factual premises and the Assessing Officer failed to address the objections raised by the assessee. Consequently, the notice issued under Section 148 of the Income Tax Act was quashed, and the reassessment proceedings were annulled. en-us Mon, 13 Feb 2017 00:00:00 +0530 Fri, 21 Apr 2017 07:22:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341949 The Court held that the reopening of the assessment for A.Y. 2009-2010 was unjustified as there was no failure to disclose material facts by the assessee. The Court found that the reasons for reopening the assessment were based on incorrect factual premises and the Assessing Officer failed to address the objections raised by the assessee. Consequently, the notice issued under Section 148 of the Income Tax Act was quashed, and the reassessment proceedings were annulled. Case-Laws Income Tax Mon, 13 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341949