https://www.taxtmi.com/caselaws?id=410190 The court dismissed the writ petition challenging the reopening of the assessment under Section 148 of the Income Tax Act. It held that the reasons provided for reopening lacked new tangible materials and the petitioner had already disclosed all necessary facts during the original assessment. The court emphasized that the sufficiency of reasons for reopening should be determined by the competent authority through proper enquiry. Consequently, the connected miscellaneous petitions were closed. en-us Mon, 26 Apr 2021 00:00:00 +0530 Fri, 24 Dec 2021 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410190 The court dismissed the writ petition challenging the reopening of the assessment under Section 148 of the Income Tax Act. It held that the reasons provided for reopening lacked new tangible materials and the petitioner had already disclosed all necessary facts during the original assessment. The court emphasized that the sufficiency of reasons for reopening should be determined by the competent authority through proper enquiry. Consequently, the connected miscellaneous petitions were closed. Case-Laws Income Tax Mon, 26 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410190