https://www.taxtmi.com/caselaws?id=378594 The High Court set aside the notice challenging the assessment under the Income Tax Act, ruling in favor of the Petitioner. The Court emphasized the importance of true and full disclosure by the Assessee and clarified the interpretation of relevant legal provisions. The judgment highlighted that non-disclosure cannot be blamed on the Assessee if the Assessing Officer had access to the information during the original assessment, ultimately allowing the petition challenging the reopening of the assessment. en-us Fri, 05 Apr 2019 00:00:00 +0530 Wed, 21 Aug 2019 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378594 The High Court set aside the notice challenging the assessment under the Income Tax Act, ruling in favor of the Petitioner. The Court emphasized the importance of true and full disclosure by the Assessee and clarified the interpretation of relevant legal provisions. The judgment highlighted that non-disclosure cannot be blamed on the Assessee if the Assessing Officer had access to the information during the original assessment, ultimately allowing the petition challenging the reopening of the assessment. Case-Laws Income Tax Fri, 05 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378594