https://www.taxtmi.com/caselaws?id=9334 The court dismissed the writ petitions, affirming the validity of the reassessment proceedings as reasons were communicated during the pendency of the petition. It emphasized the necessity of disclosing reasons promptly to uphold fairness and natural justice principles. The court found the reassessment proceedings justified with significant changes in circumstances and ruled that block assessment does not impede initiating reassessment under Section 148. en-us Tue, 08 Nov 2005 00:00:00 +0530 Mon, 22 Jun 2009 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9334 The court dismissed the writ petitions, affirming the validity of the reassessment proceedings as reasons were communicated during the pendency of the petition. It emphasized the necessity of disclosing reasons promptly to uphold fairness and natural justice principles. The court found the reassessment proceedings justified with significant changes in circumstances and ruled that block assessment does not impede initiating reassessment under Section 148. Case-Laws Income Tax Tue, 08 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9334