https://www.taxtmi.com/caselaws?id=22601 The court ruled in favor of the Revenue, holding that the reassessment proceedings initiated by the Income-tax Officer under section 147(a) were valid. The court found that the reasons provided by the Officer for initiating the proceedings were relevant and had a direct nexus with the belief that income had escaped assessment. Additionally, the court determined that the land in question was non-agricultural based on credible evidence, supporting the Officer's prima facie view. The Tribunal's decision was disagreed with, and the court held that the notice issued by the Officer was valid and within jurisdiction. en-us Mon, 01 Apr 1991 00:00:00 +0530 Fri, 11 Dec 2009 13:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22601 The court ruled in favor of the Revenue, holding that the reassessment proceedings initiated by the Income-tax Officer under section 147(a) were valid. The court found that the reasons provided by the Officer for initiating the proceedings were relevant and had a direct nexus with the belief that income had escaped assessment. Additionally, the court determined that the land in question was non-agricultural based on credible evidence, supporting the Officer's prima facie view. The Tribunal's decision was disagreed with, and the court held that the notice issued by the Officer was valid and within jurisdiction. Case-Laws Income Tax Mon, 01 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22601