https://www.taxtmi.com/caselaws?id=16282 The court set aside the notice challenging the reassessment of income for the assessment year 1979-80 under section 148 of the Income-tax Act, 1961. The petitioner, a civil construction firm, had disputed claims pending against another party, which were later awarded by an arbitrator and upheld by the courts. Despite including the awarded amount in a subsequent year's assessment, the Revenue persisted in challenging the 1979-80 assessment. The court ruled in favor of the petitioner, finding the notice unsustainable in law due to the disputed nature of the income, and allowed the writ petition with no costs awarded. en-us Tue, 25 Aug 1998 00:00:00 +0530 Sat, 05 Sep 2009 16:12:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16282 The court set aside the notice challenging the reassessment of income for the assessment year 1979-80 under section 148 of the Income-tax Act, 1961. The petitioner, a civil construction firm, had disputed claims pending against another party, which were later awarded by an arbitrator and upheld by the courts. Despite including the awarded amount in a subsequent year's assessment, the Revenue persisted in challenging the 1979-80 assessment. The court ruled in favor of the petitioner, finding the notice unsustainable in law due to the disputed nature of the income, and allowed the writ petition with no costs awarded. Case-Laws Income Tax Tue, 25 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16282