https://www.taxtmi.com/caselaws?id=374434 The court quashed the notice challenging the reopening of assessment for the assessment year 2011-12 under Section 148 of the Income Tax Act, 1961. It ruled the notice lacked jurisdiction as there was no failure to disclose material facts during the original assessment, and the reasons for reopening were based on information already available. The court held the notice did not meet the requirement of failure to disclose material facts, and thus, in favor of the petitioner, set aside the notice. en-us Fri, 25 Jan 2019 00:00:00 +0530 Fri, 01 Feb 2019 07:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374434 The court quashed the notice challenging the reopening of assessment for the assessment year 2011-12 under Section 148 of the Income Tax Act, 1961. It ruled the notice lacked jurisdiction as there was no failure to disclose material facts during the original assessment, and the reasons for reopening were based on information already available. The court held the notice did not meet the requirement of failure to disclose material facts, and thus, in favor of the petitioner, set aside the notice. Case-Laws Income Tax Fri, 25 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374434