https://www.taxtmi.com/caselaws?id=14299 The High Court upheld the validity of the notice requiring the statement of assets and liabilities under section 142(1) of the Income-tax Act, 1961. It also affirmed the competency of the Income-tax Officer to proceed with an ex parte assessment under section 144 without issuing a fresh notice after the assessee filed a revised return. The Court held that the authorities were justified in their actions due to the lack of response from the assessee, ultimately ruling in favor of the Revenue on both issues. en-us Tue, 21 Nov 2000 00:00:00 +0530 Wed, 15 Jul 2009 11:12:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14299 The High Court upheld the validity of the notice requiring the statement of assets and liabilities under section 142(1) of the Income-tax Act, 1961. It also affirmed the competency of the Income-tax Officer to proceed with an ex parte assessment under section 144 without issuing a fresh notice after the assessee filed a revised return. The Court held that the authorities were justified in their actions due to the lack of response from the assessee, ultimately ruling in favor of the Revenue on both issues. Case-Laws Income Tax Tue, 21 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14299