https://www.taxtmi.com/caselaws?id=356115 The High Court allowed the petition challenging the notice to reopen the assessment for the assessment year 2012-13. The court found that the reasons for reopening the assessment were invalid as the improvement cost was already disclosed in the petitioner's books and return, supported by evidence such as a valuer's report. As a result, the court set aside the notice and disposed of the case in favor of the petitioner. en-us Wed, 21 Feb 2018 00:00:00 +0530 Wed, 19 Aug 2020 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356115 The High Court allowed the petition challenging the notice to reopen the assessment for the assessment year 2012-13. The court found that the reasons for reopening the assessment were invalid as the improvement cost was already disclosed in the petitioner's books and return, supported by evidence such as a valuer's report. As a result, the court set aside the notice and disposed of the case in favor of the petitioner. Case-Laws Income Tax Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356115