https://www.taxtmi.com/caselaws?id=200633 The Tribunal allowed the appeal of the assessee, ruling that the reopening of assessments under section 147 after four years without the failure to disclose all material facts is impermissible. The Tribunal found no evidence of the assessee failing to disclose necessary facts, emphasizing the legal obligation to disclose primary facts for valid reopening. Consequently, the Tribunal reversed the lower authorities' decisions and ruled in favor of the assessee, highlighting the importance of full disclosure for the validity of reopening assessments under section 147. en-us Mon, 21 Jun 2010 00:00:00 +0530 Mon, 09 Apr 2018 12:26:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200633 The Tribunal allowed the appeal of the assessee, ruling that the reopening of assessments under section 147 after four years without the failure to disclose all material facts is impermissible. The Tribunal found no evidence of the assessee failing to disclose necessary facts, emphasizing the legal obligation to disclose primary facts for valid reopening. Consequently, the Tribunal reversed the lower authorities' decisions and ruled in favor of the assessee, highlighting the importance of full disclosure for the validity of reopening assessments under section 147. Case-Laws Income Tax Mon, 21 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200633