https://www.taxtmi.com/caselaws?id=369644 The Court dismissed the petition challenging the Notice of reopening for Assessment Year 2013-14, allowing the Assessing Officer to proceed with reassessment under Section 2(22)(e) provisions. The Court held that the Assessing Officer had a reasonable belief of income escapement, justifying the reassessment. The petitioner's argument on voting rights was deemed addressable during assessment proceedings, leading to the dismissal of the petition. en-us Mon, 29 Oct 2018 00:00:00 +0530 Wed, 31 Oct 2018 10:44:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369644 The Court dismissed the petition challenging the Notice of reopening for Assessment Year 2013-14, allowing the Assessing Officer to proceed with reassessment under Section 2(22)(e) provisions. The Court held that the Assessing Officer had a reasonable belief of income escapement, justifying the reassessment. The petitioner's argument on voting rights was deemed addressable during assessment proceedings, leading to the dismissal of the petition. Case-Laws Income Tax Mon, 29 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369644