https://www.taxtmi.com/caselaws?id=12723 The court upheld the validity of the notices issued by the Department for reopening assessments under section 147, finding that the conditions precedent were satisfied. The approvals by the Commissioner of Income-tax under section 151(1) were deemed lawful. The court rejected the petitioner's argument of full disclosure of material facts, citing that certain deductions were erroneously allowed. Relying on relevant Supreme Court judgments, the court concluded that the reliefs claimed were inadmissible. The court directed authorities to reconsider the deductions granted and communicate a final decision to the petitioner within a specified timeframe. en-us Mon, 28 Jan 2002 00:00:00 +0530 Thu, 21 May 2009 15:40:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12723 The court upheld the validity of the notices issued by the Department for reopening assessments under section 147, finding that the conditions precedent were satisfied. The approvals by the Commissioner of Income-tax under section 151(1) were deemed lawful. The court rejected the petitioner's argument of full disclosure of material facts, citing that certain deductions were erroneously allowed. Relying on relevant Supreme Court judgments, the court concluded that the reliefs claimed were inadmissible. The court directed authorities to reconsider the deductions granted and communicate a final decision to the petitioner within a specified timeframe. Case-Laws Income Tax Mon, 28 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12723