https://www.taxtmi.com/caselaws?id=362068 The Tribunal held that the AO's reopening of the assessment beyond 4 years without establishing any failure on the assessee's part to disclose material facts necessary for assessment was invalid and time-barred. Consequently, the assessment made under section 147/144 was deemed unlawful, leading to the cancellation of the assessment and the allowance of the assessee's appeal. en-us Fri, 15 Jun 2018 00:00:00 +0530 Mon, 18 Jun 2018 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362068 The Tribunal held that the AO's reopening of the assessment beyond 4 years without establishing any failure on the assessee's part to disclose material facts necessary for assessment was invalid and time-barred. Consequently, the assessment made under section 147/144 was deemed unlawful, leading to the cancellation of the assessment and the allowance of the assessee's appeal. Case-Laws Income Tax Fri, 15 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362068