https://www.taxtmi.com/caselaws?id=374902 The court held that the notice of reopening of assessment for the Assessment Year 2011-12 was invalid as it was issued beyond the prescribed time limit and lacked sufficient grounds. The Assessing Officer failed to demonstrate that the income had escaped assessment due to the Assessee's failure to disclose material facts. As a result, the notice was set aside, and the Petition was disposed of in favor of the petitioner. en-us Fri, 18 Jan 2019 00:00:00 +0530 Tue, 12 Feb 2019 07:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374902 The court held that the notice of reopening of assessment for the Assessment Year 2011-12 was invalid as it was issued beyond the prescribed time limit and lacked sufficient grounds. The Assessing Officer failed to demonstrate that the income had escaped assessment due to the Assessee's failure to disclose material facts. As a result, the notice was set aside, and the Petition was disposed of in favor of the petitioner. Case-Laws Income Tax Fri, 18 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374902