https://www.taxtmi.com/caselaws?id=346234 The court concluded that the notice to reopen the assessment after four years was not valid as there was no failure on the part of the assessee to disclose material facts. The court set aside the notice, emphasizing that subsequent judicial decisions could not be a basis for reopening assessments beyond the statutory period. The petition was disposed of accordingly. en-us Tue, 01 Aug 2017 00:00:00 +0530 Thu, 25 Jan 2018 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346234 The court concluded that the notice to reopen the assessment after four years was not valid as there was no failure on the part of the assessee to disclose material facts. The court set aside the notice, emphasizing that subsequent judicial decisions could not be a basis for reopening assessments beyond the statutory period. The petition was disposed of accordingly. Case-Laws Income Tax Tue, 01 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346234