https://www.taxtmi.com/caselaws?id=22762 Reassessment under the Income-tax Act could not be initiated while the original assessment proceedings were still pending, because income could not yet be treated as having escaped assessment and the statutory precondition for section 148 was therefore absent. The record also showed no recorded reason for issuing the notice. On that basis, the notice under section 148 was invalid and the reassessment was quashed. en-us Mon, 17 Sep 1990 00:00:00 +0530 Sat, 12 Dec 2009 17:47:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22762 Reassessment under the Income-tax Act could not be initiated while the original assessment proceedings were still pending, because income could not yet be treated as having escaped assessment and the statutory precondition for section 148 was therefore absent. The record also showed no recorded reason for issuing the notice. On that basis, the notice under section 148 was invalid and the reassessment was quashed. Case-Laws Income Tax Mon, 17 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22762