https://www.taxtmi.com/caselaws?id=360925 The court upheld the validity of the notice for reopening the assessment for AY 2010-2011, emphasizing the requirement of tangible material for forming a belief of escaped income. The Assessing Officer's reliance on non-genuine Client Code Modifications (CCMs) as grounds for reassessment was deemed justified, leading to the dismissal of the petitions and allowing the reassessment to proceed. The court clarified that its decision did not delve into the merits of the proposed additions, leaving such matters open for the reassessment process. en-us Tue, 20 Mar 2018 00:00:00 +0530 Tue, 22 May 2018 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360925 The court upheld the validity of the notice for reopening the assessment for AY 2010-2011, emphasizing the requirement of tangible material for forming a belief of escaped income. The Assessing Officer's reliance on non-genuine Client Code Modifications (CCMs) as grounds for reassessment was deemed justified, leading to the dismissal of the petitions and allowing the reassessment to proceed. The court clarified that its decision did not delve into the merits of the proposed additions, leaving such matters open for the reassessment process. Case-Laws Income Tax Tue, 20 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360925