https://www.taxtmi.com/highlights?id=46839 Reassessment u/s 148 - reasons recorded should show in what manner the assessee had failed to make a full and true disclosure of all material facts necessary for the assessment, it is not mere irregularity but it would render the reopening of assessment after four year invalid as First proviso to section 147 is applicable - assessment quashed en-us Wed, 29 May 2019 08:13:10 +0530 Wed, 29 May 2019 08:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46839 Reassessment u/s 148 - reasons recorded should show in what manner the assessee had failed to make a full and true disclosure of all material facts necessary for the assessment, it is not mere irregularity but it would render the reopening of assessment after four year invalid as First proviso to section 147 is applicable - assessment quashed Highlights Income Tax Wed, 29 May 2019 08:13:10 +0530 https://www.taxtmi.com/highlights?id=46839