https://www.taxtmi.com/caselaws?id=408090 The court upheld the validity of the notice for reopening the assessment, finding that the Assessing Officer had valid reasons to believe that income had escaped assessment. The court determined that the necessary sanction under Section 151 was obtained, and the reasons for reopening were based on specific information and inquiries, establishing a sufficient nexus between the information and the material gathered. The petition was dismissed, and no costs were awarded. en-us Mon, 15 Mar 2021 00:00:00 +0530 Mon, 31 May 2021 08:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408090 The court upheld the validity of the notice for reopening the assessment, finding that the Assessing Officer had valid reasons to believe that income had escaped assessment. The court determined that the necessary sanction under Section 151 was obtained, and the reasons for reopening were based on specific information and inquiries, establishing a sufficient nexus between the information and the material gathered. The petition was dismissed, and no costs were awarded. Case-Laws Income Tax Mon, 15 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408090