https://www.taxtmi.com/caselaws?id=352404 The court ruled in favor of the petitioner, quashing the notice issued under Section 148 of the Income Tax Act. It held that the jurisdictional requirement of the assessee failing to disclose all material facts necessary for assessment was not established. The court emphasized the importance of meeting the jurisdictional requirements under Section 147 for valid reassessment proceedings and affirmed the petitioner's right to challenge such actions if tax authorities exceed their jurisdiction. en-us Tue, 21 Nov 2017 00:00:00 +0530 Wed, 10 Jan 2018 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352404 The court ruled in favor of the petitioner, quashing the notice issued under Section 148 of the Income Tax Act. It held that the jurisdictional requirement of the assessee failing to disclose all material facts necessary for assessment was not established. The court emphasized the importance of meeting the jurisdictional requirements under Section 147 for valid reassessment proceedings and affirmed the petitioner's right to challenge such actions if tax authorities exceed their jurisdiction. Case-Laws Income Tax Tue, 21 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352404