https://www.taxtmi.com/caselaws?id=10330 The High Court upheld the validity of notices issued under section 148 of the Income-tax Act, 1961 for reassessment, emphasizing the significance of material gathered during a search operation. The court ruled in favor of the Revenue, rejecting the Tribunal's view that the notices were unjustified. However, the issue of the eligibility of returns filed under the amnesty scheme was left unresolved as the Tribunal did not address it, and the High Court deemed it unnecessary to decide since the first issue was decided in favor of the Revenue. en-us Tue, 28 Sep 2004 00:00:00 +0530 Mon, 13 Jul 2009 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10330 The High Court upheld the validity of notices issued under section 148 of the Income-tax Act, 1961 for reassessment, emphasizing the significance of material gathered during a search operation. The court ruled in favor of the Revenue, rejecting the Tribunal's view that the notices were unjustified. However, the issue of the eligibility of returns filed under the amnesty scheme was left unresolved as the Tribunal did not address it, and the High Court deemed it unnecessary to decide since the first issue was decided in favor of the Revenue. Case-Laws Income Tax Tue, 28 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10330