https://www.taxtmi.com/caselaws?id=11256 The court held that the Income-tax Officer lacked jurisdiction to issue notices under section 147(a) of the Income-tax Act for assessment years 1979-80 to 1984-85 as the petitioner had fully disclosed all material facts. The court emphasized that the duty of the assessee is to disclose primary facts, and the Assessing Officer must draw correct inferences. Since the Income-tax Officer failed to establish the alleged inflation of profits due to subcontracting manufacturing activities and could not specify additional data required, the court quashed the notices. The writ petition was allowed, and no costs were awarded. en-us Fri, 02 Jan 1998 00:00:00 +0530 Mon, 03 Aug 2009 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11256 The court held that the Income-tax Officer lacked jurisdiction to issue notices under section 147(a) of the Income-tax Act for assessment years 1979-80 to 1984-85 as the petitioner had fully disclosed all material facts. The court emphasized that the duty of the assessee is to disclose primary facts, and the Assessing Officer must draw correct inferences. Since the Income-tax Officer failed to establish the alleged inflation of profits due to subcontracting manufacturing activities and could not specify additional data required, the court quashed the notices. The writ petition was allowed, and no costs were awarded. Case-Laws Income Tax Fri, 02 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11256