https://www.taxtmi.com/caselaws?id=8775 The court ruled in favor of the assessee, holding that the reassessment proceedings under section 147(a) of the Income-tax Act, 1961 were not validly initiated. The court found that the Income-tax Officer did not have jurisdiction to reopen the assessment as all material facts were fully and truly disclosed during the original assessment. The assessee was awarded costs, and the advocate's fee was set at Rs. 250. en-us Tue, 01 Feb 1972 00:00:00 +0530 Wed, 03 Jun 2009 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8775 The court ruled in favor of the assessee, holding that the reassessment proceedings under section 147(a) of the Income-tax Act, 1961 were not validly initiated. The court found that the Income-tax Officer did not have jurisdiction to reopen the assessment as all material facts were fully and truly disclosed during the original assessment. The assessee was awarded costs, and the advocate's fee was set at Rs. 250. Case-Laws Income Tax Tue, 01 Feb 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8775