https://www.taxtmi.com/caselaws?id=274133 The High Court allowed both petitions, quashing the notice under Section 148 of the Income Tax Act and the reassessment proceedings for Assessment Years 2005-06 and 2006-07. The court held that as the grounds for reopening assessments were invalidated by the tribunal and upheld by the court, the notice and reassessment were deemed unsustainable. No costs were awarded. en-us Tue, 25 Apr 2017 00:00:00 +0530 Tue, 31 Jul 2018 07:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274133 The High Court allowed both petitions, quashing the notice under Section 148 of the Income Tax Act and the reassessment proceedings for Assessment Years 2005-06 and 2006-07. The court held that as the grounds for reopening assessments were invalidated by the tribunal and upheld by the court, the notice and reassessment were deemed unsustainable. No costs were awarded. Case-Laws Income Tax Tue, 25 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274133