https://www.taxtmi.com/caselaws?id=352316 The court held that the reassessment proceedings initiated against the petitioner for the Assessment Year 2009-10 were barred under the proviso to Section 147 of the Income Tax Act. The petitioner had fully and truly disclosed all material facts during the original assessment, and there was no new tangible material to justify the reassessment. As a result, the court quashed the reassessment proceedings and allowed the writ petition with no order as to costs. en-us Thu, 23 Nov 2017 00:00:00 +0530 Mon, 27 Aug 2018 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352316 The court held that the reassessment proceedings initiated against the petitioner for the Assessment Year 2009-10 were barred under the proviso to Section 147 of the Income Tax Act. The petitioner had fully and truly disclosed all material facts during the original assessment, and there was no new tangible material to justify the reassessment. As a result, the court quashed the reassessment proceedings and allowed the writ petition with no order as to costs. Case-Laws Income Tax Thu, 23 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352316