https://www.taxtmi.com/caselaws?id=10044 The court held that the Assessing Officer lacked jurisdiction to reopen the assessment for the assessment year 1996-97 after the expiration of the limitation period under Section 147 of the Income-tax Act, 1961. The reasons recorded for reopening the assessment did not establish any failure on the part of the assessee to disclose material facts necessary for assessment. As the notices were issued after the limitation period and lacked jurisdiction, the court allowed the writ petition, quashing the notices without costs. en-us Tue, 16 Mar 2004 00:00:00 +0530 Fri, 15 May 2026 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10044 The court held that the Assessing Officer lacked jurisdiction to reopen the assessment for the assessment year 1996-97 after the expiration of the limitation period under Section 147 of the Income-tax Act, 1961. The reasons recorded for reopening the assessment did not establish any failure on the part of the assessee to disclose material facts necessary for assessment. As the notices were issued after the limitation period and lacked jurisdiction, the court allowed the writ petition, quashing the notices without costs. Case-Laws Income Tax Tue, 16 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10044