https://www.taxtmi.com/caselaws?id=25675 The court upheld the validity of the notice issued under section 148 of the Income-tax Act, 1961, ruling that it was not time-barred. The court determined that the information derived from the Tribunal's findings in appeals for previous assessment years constituted valid grounds for reopening the assessment for the year in question. Additionally, the court found that the action initiated fell under section 150(1) of the Act, thereby validating the notice. Consequently, the court dismissed the writ petition, allowing the petitioner to file a return within 8 weeks from the judgment date. en-us Wed, 15 Apr 1987 00:00:00 +0530 Sat, 30 Jan 2010 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25675 The court upheld the validity of the notice issued under section 148 of the Income-tax Act, 1961, ruling that it was not time-barred. The court determined that the information derived from the Tribunal's findings in appeals for previous assessment years constituted valid grounds for reopening the assessment for the year in question. Additionally, the court found that the action initiated fell under section 150(1) of the Act, thereby validating the notice. Consequently, the court dismissed the writ petition, allowing the petitioner to file a return within 8 weeks from the judgment date. Case-Laws Income Tax Wed, 15 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25675