https://www.taxtmi.com/caselaws?id=17946 The court quashed notices issued under section 148 of the Income-tax Act for the assessment year 1989-90, finding them illegal and beyond jurisdiction due to being issued beyond the four-year limit without valid reasons for reopening the assessment. The court emphasized the importance of finality in legal proceedings and the need to avoid reactivating stale issues, ultimately ruling in favor of the petitioner-assessee. en-us Mon, 17 Feb 1997 00:00:00 +0530 Fri, 25 Sep 2009 17:15:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17946 The court quashed notices issued under section 148 of the Income-tax Act for the assessment year 1989-90, finding them illegal and beyond jurisdiction due to being issued beyond the four-year limit without valid reasons for reopening the assessment. The court emphasized the importance of finality in legal proceedings and the need to avoid reactivating stale issues, ultimately ruling in favor of the petitioner-assessee. Case-Laws Income Tax Mon, 17 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17946