https://www.taxtmi.com/caselaws?id=365952 The High Court set aside the notice to reopen the assessment for the assessment year 2012-2013, as the Assessing Officer failed to demonstrate any failure on the part of the assessee to disclose material facts. The court found that the reasons cited for reopening the assessment did not hold, as the petitioner had not breached conditions related to deductions under sections 80IB(10) and 14A of the Income Tax Act. Consequently, the court allowed the petition, deeming the notice invalid due to the lack of disclosure of true particulars of income by the assessee. en-us Mon, 13 Aug 2018 00:00:00 +0530 Mon, 27 Aug 2018 08:33:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365952 The High Court set aside the notice to reopen the assessment for the assessment year 2012-2013, as the Assessing Officer failed to demonstrate any failure on the part of the assessee to disclose material facts. The court found that the reasons cited for reopening the assessment did not hold, as the petitioner had not breached conditions related to deductions under sections 80IB(10) and 14A of the Income Tax Act. Consequently, the court allowed the petition, deeming the notice invalid due to the lack of disclosure of true particulars of income by the assessee. Case-Laws Income Tax Mon, 13 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365952