https://www.taxtmi.com/caselaws?id=23298 A notice reopening assessment under section 147(b) of the Income-tax Act, 1961 cannot be sustained unless the record shows compliance with the statutory preconditions for reassessment. Where the Revenue filed no affidavit-in-reply and produced no departmental file, the Court found no reliable basis to conclude that clause (b) conditions were satisfied. An unverified scrap of paper was insufficient to justify reopening. The reassessment notice dated 11 October 1982 was therefore quashed for non-compliance with the statutory requirements. en-us Thu, 08 Jun 1989 00:00:00 +0530 Fri, 18 Dec 2009 11:53:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23298 A notice reopening assessment under section 147(b) of the Income-tax Act, 1961 cannot be sustained unless the record shows compliance with the statutory preconditions for reassessment. Where the Revenue filed no affidavit-in-reply and produced no departmental file, the Court found no reliable basis to conclude that clause (b) conditions were satisfied. An unverified scrap of paper was insufficient to justify reopening. The reassessment notice dated 11 October 1982 was therefore quashed for non-compliance with the statutory requirements. Case-Laws Income Tax Thu, 08 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23298