https://www.taxtmi.com/caselaws?id=347986 The High Court allowed the tax appeal, setting aside the Tribunal's judgment and quashing the conclusion that the notice for reopening the assessment was invalid. The Court revived the tax appeal before the Tribunal to be disposed of on merits, emphasizing the need for a reasonable belief based on tangible material for reopening assessments. en-us Wed, 06 Sep 2017 00:00:00 +0530 Wed, 13 Sep 2017 21:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347986 The High Court allowed the tax appeal, setting aside the Tribunal's judgment and quashing the conclusion that the notice for reopening the assessment was invalid. The Court revived the tax appeal before the Tribunal to be disposed of on merits, emphasizing the need for a reasonable belief based on tangible material for reopening assessments. Case-Laws Income Tax Wed, 06 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347986