https://www.taxtmi.com/caselaws?id=384705 The court ruled in favor of the petitioner, quashing all proceedings related to the assessment. The court found that the notice issued fell within the limitation period and that the Assessing Officer lacked jurisdiction to compel the production of records without tangible material. It was emphasized that tangible evidence is necessary for reopening assessments. The court held that the reopening was invalid and not supported by sufficient grounds. The petitioner's writ petition was allowed, and no costs were awarded. en-us Tue, 06 Aug 2019 00:00:00 +0530 Fri, 13 Dec 2019 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384705 The court ruled in favor of the petitioner, quashing all proceedings related to the assessment. The court found that the notice issued fell within the limitation period and that the Assessing Officer lacked jurisdiction to compel the production of records without tangible material. It was emphasized that tangible evidence is necessary for reopening assessments. The court held that the reopening was invalid and not supported by sufficient grounds. The petitioner's writ petition was allowed, and no costs were awarded. Case-Laws Income Tax Tue, 06 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384705