https://www.taxtmi.com/caselaws?id=19230 The court ruled in favor of the assessee, holding that the initiation of proceedings under section 147 of the Income-tax Act for the years 1980-81 to 1985-86 was void. The court found that the assessing authority failed to establish the non-disclosure of primary facts by the assessee, as the nature of business activities, including renting out buildings, was consistently disclosed in income statements and returns. Since no new information was obtained post-assessment to justify reopening, the court quashed the notices issued under section 147, declaring the proceedings as void. The petition was successful, with no costs awarded. en-us Fri, 07 Apr 1995 00:00:00 +0530 Wed, 04 Nov 2009 17:20:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19230 The court ruled in favor of the assessee, holding that the initiation of proceedings under section 147 of the Income-tax Act for the years 1980-81 to 1985-86 was void. The court found that the assessing authority failed to establish the non-disclosure of primary facts by the assessee, as the nature of business activities, including renting out buildings, was consistently disclosed in income statements and returns. Since no new information was obtained post-assessment to justify reopening, the court quashed the notices issued under section 147, declaring the proceedings as void. The petition was successful, with no costs awarded. Case-Laws Income Tax Fri, 07 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19230