https://www.taxtmi.com/caselaws?id=9646 The High Court of BOMBAY ruled in a case regarding the validity of a notice issued under section 148 of the Income-tax Act, 1961 to reopen assessment for the assessment year 1985-86. The court found that the reasons for reopening did not demonstrate failure to disclose material facts by the assessee, leading to the notices being deemed without jurisdiction. Consequently, the court allowed the petition, quashed the notices, and made the rule absolute with no order as to costs. en-us Tue, 16 Aug 2005 00:00:00 +0530 Sun, 28 Jun 2009 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9646 The High Court of BOMBAY ruled in a case regarding the validity of a notice issued under section 148 of the Income-tax Act, 1961 to reopen assessment for the assessment year 1985-86. The court found that the reasons for reopening did not demonstrate failure to disclose material facts by the assessee, leading to the notices being deemed without jurisdiction. Consequently, the court allowed the petition, quashed the notices, and made the rule absolute with no order as to costs. Case-Laws Income Tax Tue, 16 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9646