https://www.taxtmi.com/caselaws?id=356612 The High Court dismissed the appeal challenging the order of the Income Tax Appellate Tribunal regarding the reopening of assessment for Assessment Year 2004-05. The Court held that the Tribunal's decision to quash the reopening of the assessment was justified within four years from the end of the assessment year. The Court found that the reasons recorded for reopening did not indicate a base on audit objections, and the circumstances surrounding the reopening notice supported the Tribunal's decision. The Court concluded that the Tribunal's decision was in accordance with established legal principles and did not raise any substantial question of law. en-us Sat, 24 Feb 2018 00:00:00 +0530 Thu, 31 May 2018 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356612 The High Court dismissed the appeal challenging the order of the Income Tax Appellate Tribunal regarding the reopening of assessment for Assessment Year 2004-05. The Court held that the Tribunal's decision to quash the reopening of the assessment was justified within four years from the end of the assessment year. The Court found that the reasons recorded for reopening did not indicate a base on audit objections, and the circumstances surrounding the reopening notice supported the Tribunal's decision. The Court concluded that the Tribunal's decision was in accordance with established legal principles and did not raise any substantial question of law. Case-Laws Income Tax Sat, 24 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356612