https://www.taxtmi.com/caselaws?id=14746 HC dismissed the writ petition and upheld the validity of the notice issued under section 148. The court held that after the April 1, 1989 substitution, section 147 requires only the Assessing Officer to have a reason to believe that income has escaped assessment to confer jurisdiction to reopen, save where the proviso applies (which requires both earlier conditions). This matter fell under the main provision, the stated reasons were not irrelevant, and the notice under section 148 was not without jurisdiction or foundation. en-us Thu, 24 Aug 2000 00:00:00 +0530 Mon, 06 Oct 2025 19:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14746 HC dismissed the writ petition and upheld the validity of the notice issued under section 148. The court held that after the April 1, 1989 substitution, section 147 requires only the Assessing Officer to have a reason to believe that income has escaped assessment to confer jurisdiction to reopen, save where the proviso applies (which requires both earlier conditions). This matter fell under the main provision, the stated reasons were not irrelevant, and the notice under section 148 was not without jurisdiction or foundation. Case-Laws Income Tax Thu, 24 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14746