https://www.taxtmi.com/caselaws?id=11238 The High Court entertained the writ petition despite the existence of an alternative remedy, ruling in favor of the petitioner due to the waiver of jurisdictional plea by the Revenue. The court deemed the notice issued under section 148 of the Income-tax Act, 1961 as improper and unlawful for lacking disclosure on the officer's belief of escaped income. It emphasized the Assessing Officer's failure to meet statutory requirements for reopening assessments, including the need for reasons and Commissioner's scrutiny. The court highlighted the importance of full disclosure by the assessee and quashed the impugned notices due to illegal assumption of jurisdiction. en-us Thu, 12 Feb 2004 00:00:00 +0530 Mon, 03 Aug 2009 08:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11238 The High Court entertained the writ petition despite the existence of an alternative remedy, ruling in favor of the petitioner due to the waiver of jurisdictional plea by the Revenue. The court deemed the notice issued under section 148 of the Income-tax Act, 1961 as improper and unlawful for lacking disclosure on the officer's belief of escaped income. It emphasized the Assessing Officer's failure to meet statutory requirements for reopening assessments, including the need for reasons and Commissioner's scrutiny. The court highlighted the importance of full disclosure by the assessee and quashed the impugned notices due to illegal assumption of jurisdiction. Case-Laws Income Tax Thu, 12 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11238