https://www.taxtmi.com/caselaws?id=11038 Recording reasons before issuing a reassessment notice under section 148(2) of the Income-tax Act, 1961 is mandatory. A notice issued without recorded reasons indicates non-application of mind and cannot validly reopen a concluded assessment. On that basis, the reassessment notice was held invalid and was set aside. en-us Tue, 12 Aug 2003 00:00:00 +0530 Thu, 30 Jul 2009 09:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11038 Recording reasons before issuing a reassessment notice under section 148(2) of the Income-tax Act, 1961 is mandatory. A notice issued without recorded reasons indicates non-application of mind and cannot validly reopen a concluded assessment. On that basis, the reassessment notice was held invalid and was set aside. Case-Laws Income Tax Tue, 12 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11038