https://www.taxtmi.com/caselaws?id=380824 The Tribunal quashed the notice for reopening the assessment under section 148 and subsequently invalidated the assessment order. The Tribunal found that the reasons for reopening did not demonstrate the assessee's failure to disclose material facts, rendering the reopening invalid. As a result, the appeal was allowed, and the assessment order was annulled, with no ruling on the alleged bogus donation issue of Rs. 50,00,000. en-us Wed, 22 May 2019 00:00:00 +0530 Tue, 28 May 2019 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380824 The Tribunal quashed the notice for reopening the assessment under section 148 and subsequently invalidated the assessment order. The Tribunal found that the reasons for reopening did not demonstrate the assessee's failure to disclose material facts, rendering the reopening invalid. As a result, the appeal was allowed, and the assessment order was annulled, with no ruling on the alleged bogus donation issue of Rs. 50,00,000. Case-Laws Income Tax Wed, 22 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380824