https://www.taxtmi.com/caselaws?id=11115 The Bombay HC quashed a notice for reopening assessment proceedings. The court held that the Assessing Officer lacked jurisdiction to reopen the assessment as the impugned notice was issued beyond the four-year period from the end of assessment year 1996-97 and failed to comply with the proviso to section 147 of the Income Tax Act. The original assessment was completed under section 143(3) of the Act, and the notice for reopening was therefore invalid and liable to be set aside. en-us Wed, 25 Feb 2004 00:00:00 +0530 Wed, 07 May 2025 12:59:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11115 The Bombay HC quashed a notice for reopening assessment proceedings. The court held that the Assessing Officer lacked jurisdiction to reopen the assessment as the impugned notice was issued beyond the four-year period from the end of assessment year 1996-97 and failed to comply with the proviso to section 147 of the Income Tax Act. The original assessment was completed under section 143(3) of the Act, and the notice for reopening was therefore invalid and liable to be set aside. Case-Laws Income Tax Wed, 25 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11115