https://www.taxtmi.com/caselaws?id=11235 The court ruled in favor of the petitioner, quashing the notices issued under section 148 of the Income-tax Act for assessment years 1996-97 and 1997-98. The court found that the reopening of assessment beyond four years was unsustainable as there was no failure on the part of the assessee to disclose all material facts. Consequently, the court made the rule absolute in favor of the petitioner, with no order as to costs. en-us Wed, 10 Dec 2003 00:00:00 +0530 Tue, 15 Oct 2019 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11235 The court ruled in favor of the petitioner, quashing the notices issued under section 148 of the Income-tax Act for assessment years 1996-97 and 1997-98. The court found that the reopening of assessment beyond four years was unsustainable as there was no failure on the part of the assessee to disclose all material facts. Consequently, the court made the rule absolute in favor of the petitioner, with no order as to costs. Case-Laws Income Tax Wed, 10 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11235