https://www.taxtmi.com/caselaws?id=8291 A reassessment notice under section 148 was invalid where the reopening officer did not independently form a bona fide belief, on relevant material, that income had escaped assessment because of failure to disclose fully and truly all material facts. The record showed only a statutory recital and action initiated at the instance of another officer, while the relied-on material came from a separate proceeding concerning a benamidar allegation. On those facts, the statutory condition precedent for reopening under section 147(a) was not met, and the notice was liable to be struck down. en-us Fri, 12 Feb 1971 00:00:00 +0530 Thu, 09 Apr 2009 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8291 A reassessment notice under section 148 was invalid where the reopening officer did not independently form a bona fide belief, on relevant material, that income had escaped assessment because of failure to disclose fully and truly all material facts. The record showed only a statutory recital and action initiated at the instance of another officer, while the relied-on material came from a separate proceeding concerning a benamidar allegation. On those facts, the statutory condition precedent for reopening under section 147(a) was not met, and the notice was liable to be struck down. Case-Laws Income Tax Fri, 12 Feb 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8291