https://www.taxtmi.com/caselaws?id=200160 The court upheld the validity of the reassessment under Section 15 of the Excess Profits Tax Act. The reassessment, challenged by the assessee, was found to comply with the necessary legal provisions. The Appellate Assistant Commissioner's reference to Mr. Dastur was deemed appropriate as it did not breach confidentiality and was for assessment purposes. The court determined that the new information discovered through Mr. Dastur's report met the criteria under Section 15 for reopening the assessment. Consequently, the reassessment was deemed valid, and the assessee was directed to pay costs. en-us Tue, 10 Oct 1950 00:00:00 +0530 Thu, 22 Mar 2018 14:24:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200160 The court upheld the validity of the reassessment under Section 15 of the Excess Profits Tax Act. The reassessment, challenged by the assessee, was found to comply with the necessary legal provisions. The Appellate Assistant Commissioner's reference to Mr. Dastur was deemed appropriate as it did not breach confidentiality and was for assessment purposes. The court determined that the new information discovered through Mr. Dastur's report met the criteria under Section 15 for reopening the assessment. Consequently, the reassessment was deemed valid, and the assessee was directed to pay costs. Case-Laws Income Tax Tue, 10 Oct 1950 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200160