https://www.taxtmi.com/caselaws?id=21094 The High Court of Gujarat ruled in favor of the petitioners in a case challenging a notice issued under section 148 of the Income-tax Act, 1961 for the assessment year 1973-74. The court found that the petitioners had disclosed all relevant facts during the assessment proceedings, and the notice lacked jurisdiction. Emphasizing the duty of the assessee to disclose all material facts necessary for assessment, the court quashed the notice and restrained further action by the respondent, granting the petitioners relief and making the rule absolute in their favor with no order as to costs. en-us Thu, 09 Jan 1992 00:00:00 +0530 Tue, 31 Dec 2019 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21094 The High Court of Gujarat ruled in favor of the petitioners in a case challenging a notice issued under section 148 of the Income-tax Act, 1961 for the assessment year 1973-74. The court found that the petitioners had disclosed all relevant facts during the assessment proceedings, and the notice lacked jurisdiction. Emphasizing the duty of the assessee to disclose all material facts necessary for assessment, the court quashed the notice and restrained further action by the respondent, granting the petitioners relief and making the rule absolute in their favor with no order as to costs. Case-Laws Income Tax Thu, 09 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21094