https://www.taxtmi.com/caselaws?id=391310 The court ruled in favor of the Petitioner, a Private Limited Company challenging the notice to reopen assessment for Assessment Year 2015-16 under Section 148 of the Income Tax Act. The court found that the reasons for reopening the assessment were not valid as the Assessing Officer had already considered all explanations and material during the original assessment. The court granted an interim order maintaining the status quo, allowing the Petitioner to apply for early hearing. en-us Wed, 15 Jan 2020 00:00:00 +0530 Fri, 24 Jan 2020 16:12:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391310 The court ruled in favor of the Petitioner, a Private Limited Company challenging the notice to reopen assessment for Assessment Year 2015-16 under Section 148 of the Income Tax Act. The court found that the reasons for reopening the assessment were not valid as the Assessing Officer had already considered all explanations and material during the original assessment. The court granted an interim order maintaining the status quo, allowing the Petitioner to apply for early hearing. Case-Laws Income Tax Wed, 15 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391310