https://www.taxtmi.com/highlights?id=46592 Reassessment notice u/s 148 - “reason to believe" must be interpreted that the AO on receipt of any such new material or materials in relation to the non furnishing of fact by the assessee has made out a prima facie opinion that it is the case for reopening of the assessment - in the absence of having knowledge about the reasons, the petitioners cannot come to the conclusion that there is no new material or reason to reopen the assessment - writ dismissed en-us Sat, 18 May 2019 06:51:19 +0530 Fri, 17 May 2019 18:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46592 Reassessment notice u/s 148 - “reason to believe" must be interpreted that the AO on receipt of any such new material or materials in relation to the non furnishing of fact by the assessee has made out a prima facie opinion that it is the case for reopening of the assessment - in the absence of having knowledge about the reasons, the petitioners cannot come to the conclusion that there is no new material or reason to reopen the assessment - writ dismissed Highlights Income Tax Sat, 18 May 2019 06:51:19 +0530 https://www.taxtmi.com/highlights?id=46592