https://www.taxtmi.com/caselaws?id=22218 The court ruled in favor of the individual assessee and his wife, partners in a firm, in a case concerning the reopening of income-tax assessments for the years 1968-69 to 1970-71. The court found that all necessary facts were disclosed during the original assessments, and there was no new information to justify reopening under sections 147(a) or 147(b) of the Income-tax Act. Consequently, the reassessments made by the Income-tax Officer were canceled, and the court ruled against the Revenue, with no order as to costs. en-us Wed, 24 Jul 1991 00:00:00 +0530 Tue, 08 Dec 2009 11:41:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22218 The court ruled in favor of the individual assessee and his wife, partners in a firm, in a case concerning the reopening of income-tax assessments for the years 1968-69 to 1970-71. The court found that all necessary facts were disclosed during the original assessments, and there was no new information to justify reopening under sections 147(a) or 147(b) of the Income-tax Act. Consequently, the reassessments made by the Income-tax Officer were canceled, and the court ruled against the Revenue, with no order as to costs. Case-Laws Income Tax Wed, 24 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22218