https://www.taxtmi.com/caselaws?id=16511 The court upheld the legality of the notices under section 148 of the Income-tax Act, allowing for reassessment proceedings based on alleged escaped income chargeable to tax for the assessment year 1988-89. The reassessment was deemed valid under section 147(b) as income was believed to have escaped assessment, despite the petitioners' claims of full disclosure. The court dismissed the writ petitions, affirming the Assessing Officer's decision to reopen the assessments and permitting the petitioners to benefit from the father's appeals findings if relevant. Judge AFTAB ALAM and Judge SACHCHIDANAND JHA concurred, and no costs were imposed. en-us Tue, 08 Sep 1998 00:00:00 +0530 Tue, 08 Sep 2009 12:37:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16511 The court upheld the legality of the notices under section 148 of the Income-tax Act, allowing for reassessment proceedings based on alleged escaped income chargeable to tax for the assessment year 1988-89. The reassessment was deemed valid under section 147(b) as income was believed to have escaped assessment, despite the petitioners' claims of full disclosure. The court dismissed the writ petitions, affirming the Assessing Officer's decision to reopen the assessments and permitting the petitioners to benefit from the father's appeals findings if relevant. Judge AFTAB ALAM and Judge SACHCHIDANAND JHA concurred, and no costs were imposed. Case-Laws Income Tax Tue, 08 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16511