https://www.taxtmi.com/caselaws?id=23374 The High Court quashed the notices issued by the Income-tax Officer for the assessment years 1977-78 and 1978-79. The court found the reasons for reopening the assessments to be vague and lacking in substantial information, failing to establish a connection supporting the belief that income had escaped assessment. Relying on previous Supreme Court decisions emphasizing the obligation of the assessee to disclose all material facts, the court concluded that the notices were issued without proper assumption of jurisdiction. The petitioners succeeded in their challenge, and the impugned notices were quashed. en-us Thu, 05 Apr 1990 00:00:00 +0530 Fri, 18 Dec 2009 17:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23374 The High Court quashed the notices issued by the Income-tax Officer for the assessment years 1977-78 and 1978-79. The court found the reasons for reopening the assessments to be vague and lacking in substantial information, failing to establish a connection supporting the belief that income had escaped assessment. Relying on previous Supreme Court decisions emphasizing the obligation of the assessee to disclose all material facts, the court concluded that the notices were issued without proper assumption of jurisdiction. The petitioners succeeded in their challenge, and the impugned notices were quashed. Case-Laws Income Tax Thu, 05 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23374