https://www.taxtmi.com/caselaws?id=366374 The High Court of Calcutta quashed the notice issued under Section 148 for initiating proceedings under Section 147 for the assessment year 2007-2008. The court held that the reasons provided for invoking Section 147 were invalid as they pertained to a review of the assessment order, which is impermissible under the Act. The assessing officer's change of views without new material was also contested. The judgment emphasized the necessity of tangible material for invoking Section 147 and ruled in favor of the petitioner, quashing the notice and all related proceedings. en-us Tue, 17 Jul 2018 00:00:00 +0530 Mon, 03 Sep 2018 12:13:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366374 The High Court of Calcutta quashed the notice issued under Section 148 for initiating proceedings under Section 147 for the assessment year 2007-2008. The court held that the reasons provided for invoking Section 147 were invalid as they pertained to a review of the assessment order, which is impermissible under the Act. The assessing officer's change of views without new material was also contested. The judgment emphasized the necessity of tangible material for invoking Section 147 and ruled in favor of the petitioner, quashing the notice and all related proceedings. Case-Laws Income Tax Tue, 17 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366374