https://www.taxtmi.com/caselaws?id=368905 The court upheld the validity of notices issued under Section 148 of the Income Tax Act for assessment years 2008-2009, 2010-2011, and 2011-2012, stating they were issued within the limitation period. The court found the reopening of assessments was based on valid "reason to believe" rather than a "change of opinion," supported by new information. It ruled that reasons for reopening need not be communicated at the notice stage and emphasized exhausting alternative remedies under the Act. The court dismissed the writ petitions, emphasizing limited judicial review of reopening assessment proceedings. en-us Wed, 10 Oct 2018 00:00:00 +0530 Thu, 09 May 2019 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368905 The court upheld the validity of notices issued under Section 148 of the Income Tax Act for assessment years 2008-2009, 2010-2011, and 2011-2012, stating they were issued within the limitation period. The court found the reopening of assessments was based on valid "reason to believe" rather than a "change of opinion," supported by new information. It ruled that reasons for reopening need not be communicated at the notice stage and emphasized exhausting alternative remedies under the Act. The court dismissed the writ petitions, emphasizing limited judicial review of reopening assessment proceedings. Case-Laws Income Tax Wed, 10 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368905