https://www.taxtmi.com/caselaws?id=347831 The High Court held that the notice issued under Section 148 to reopen the assessment for AY 2009-10 by the Assessing Officer lacked valid jurisdiction and tangible material specific to that assessment year. The court emphasized that reasons recorded by the AO should solely justify reopening and not subsequent developments or information from other assessment years. The court quashed the notice, rejecting objections raised by the consultancy firm, and allowed the writ petition without costs. en-us Thu, 07 Sep 2017 00:00:00 +0530 Mon, 13 Nov 2017 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347831 The High Court held that the notice issued under Section 148 to reopen the assessment for AY 2009-10 by the Assessing Officer lacked valid jurisdiction and tangible material specific to that assessment year. The court emphasized that reasons recorded by the AO should solely justify reopening and not subsequent developments or information from other assessment years. The court quashed the notice, rejecting objections raised by the consultancy firm, and allowed the writ petition without costs. Case-Laws Income Tax Thu, 07 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347831