https://www.taxtmi.com/caselaws?id=407212 The court dismissed the writ petition challenging the initiation of proceedings under Section 147 of the Income Tax Act. It held that the Assessing Officer had the jurisdiction to reopen the assessment based on new materials indicating income had escaped assessment. The court emphasized that procedural requirements were met, and objections by the petitioner were considered but found inapplicable. The petitioner was directed to address the merits of the issues before the Assessing Officer. en-us Wed, 28 Apr 2021 00:00:00 +0530 Mon, 03 May 2021 08:18:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407212 The court dismissed the writ petition challenging the initiation of proceedings under Section 147 of the Income Tax Act. It held that the Assessing Officer had the jurisdiction to reopen the assessment based on new materials indicating income had escaped assessment. The court emphasized that procedural requirements were met, and objections by the petitioner were considered but found inapplicable. The petitioner was directed to address the merits of the issues before the Assessing Officer. Case-Laws Income Tax Wed, 28 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407212