https://www.taxtmi.com/caselaws?id=276226 The court upheld the legality of the notice issued under Section 148 of the Income Tax Act, 1961, and the validity of the reassessment proceedings initiated by the Assessing Officer. It was determined that the reasons recorded for initiating reassessment were justified, and the belief that income had escaped assessment was deemed reasonable. The court dismissed the special appeal, affirming the decision of the learned Single Judge. en-us Mon, 18 Dec 2017 00:00:00 +0530 Tue, 16 Jun 2026 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276226 The court upheld the legality of the notice issued under Section 148 of the Income Tax Act, 1961, and the validity of the reassessment proceedings initiated by the Assessing Officer. It was determined that the reasons recorded for initiating reassessment were justified, and the belief that income had escaped assessment was deemed reasonable. The court dismissed the special appeal, affirming the decision of the learned Single Judge. Case-Laws Income Tax Mon, 18 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276226