https://www.taxtmi.com/caselaws?id=23814 The High Court held that reassessments under section 147(a) of the Income-tax Act were unauthorized and unsustainable. The Court found that the Income-tax Officer's actions were unauthorized as the reassessment notices were issued during pending proceedings. It was determined that the assessees had provided accurate disclosure of primary facts during the original assessments. The Court ruled in favor of the assessee, emphasizing the importance of adhering to legal obligations in disclosure of primary facts. The judgment directed forwarding a copy to the Income-tax Appellate Tribunal for necessary action. en-us Wed, 28 Jun 1989 00:00:00 +0530 Thu, 14 Jan 2010 13:55:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23814 The High Court held that reassessments under section 147(a) of the Income-tax Act were unauthorized and unsustainable. The Court found that the Income-tax Officer's actions were unauthorized as the reassessment notices were issued during pending proceedings. It was determined that the assessees had provided accurate disclosure of primary facts during the original assessments. The Court ruled in favor of the assessee, emphasizing the importance of adhering to legal obligations in disclosure of primary facts. The judgment directed forwarding a copy to the Income-tax Appellate Tribunal for necessary action. Case-Laws Income Tax Wed, 28 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23814