https://www.taxtmi.com/caselaws?id=13394 The HC ruled in favor of the petitioner, holding that the notice issued under section 148 of the Income-tax Act, 1961, was invalid. The court found no failure by the petitioner to disclose material facts, rendering the reassessment proceedings beyond four years impermissible. Consequently, the notice and subsequent order were quashed, and costs were awarded to the petitioner. en-us Wed, 28 Feb 2007 00:00:00 +0530 Wed, 21 Feb 2024 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13394 The HC ruled in favor of the petitioner, holding that the notice issued under section 148 of the Income-tax Act, 1961, was invalid. The court found no failure by the petitioner to disclose material facts, rendering the reassessment proceedings beyond four years impermissible. Consequently, the notice and subsequent order were quashed, and costs were awarded to the petitioner. Case-Laws Income Tax Wed, 28 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13394