https://www.taxtmi.com/caselaws?id=10933 The High Court of Gujarat ruled in favor of the petitioner, a partnership firm, in a case concerning the validity of notices issued under section 148 of the Income-tax Act for the assessment years 1986-87 to 1989-90. The court found that the reassessment was not justified as the Assessing Officer did not have the necessary satisfaction for reopening assessments, and the statutory requirements, particularly regarding section 80HHC, were met by the petitioner. The court concluded that the reassessment notices for all four assessment years were legally flawed and quashed them. en-us Wed, 23 Jun 2004 00:00:00 +0530 Tue, 28 Jul 2009 08:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10933 The High Court of Gujarat ruled in favor of the petitioner, a partnership firm, in a case concerning the validity of notices issued under section 148 of the Income-tax Act for the assessment years 1986-87 to 1989-90. The court found that the reassessment was not justified as the Assessing Officer did not have the necessary satisfaction for reopening assessments, and the statutory requirements, particularly regarding section 80HHC, were met by the petitioner. The court concluded that the reassessment notices for all four assessment years were legally flawed and quashed them. Case-Laws Income Tax Wed, 23 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10933