https://www.taxtmi.com/caselaws?id=373494 The court dismissed the appeal, upholding the findings of the CIT(A) and ITAT that there was no failure by the assessee to disclose all material facts necessary for assessment. The reassessment notice issued under Section 147 of the Income Tax Act was deemed invalid as it did not meet the conditions outlined in the first proviso to Section 147. The court concluded that the proposed legal questions did not raise any substantial issue warranting consideration under Section 260A of the Income Tax Act, 1961. The appeal was dismissed without costs. en-us Fri, 11 Jan 2019 00:00:00 +0530 Sun, 13 Jan 2019 09:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373494 The court dismissed the appeal, upholding the findings of the CIT(A) and ITAT that there was no failure by the assessee to disclose all material facts necessary for assessment. The reassessment notice issued under Section 147 of the Income Tax Act was deemed invalid as it did not meet the conditions outlined in the first proviso to Section 147. The court concluded that the proposed legal questions did not raise any substantial issue warranting consideration under Section 260A of the Income Tax Act, 1961. The appeal was dismissed without costs. Case-Laws Income Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373494