https://www.taxtmi.com/caselaws?id=410990 Reopening of a completed assessment after four years was invalid where the reassessment relied on the same sale deed and related materials already furnished during the original Section 143(3) proceedings. As no new tangible material was shown and the record did not establish any failure by the assessee to fully and truly disclose the primary facts, the statutory basis for reopening was absent. The reassessment could not be sustained and the original assessment remained undisturbed. en-us Tue, 03 Aug 2021 00:00:00 +0530 Sat, 14 Aug 2021 09:27:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410990 Reopening of a completed assessment after four years was invalid where the reassessment relied on the same sale deed and related materials already furnished during the original Section 143(3) proceedings. As no new tangible material was shown and the record did not establish any failure by the assessee to fully and truly disclose the primary facts, the statutory basis for reopening was absent. The reassessment could not be sustained and the original assessment remained undisturbed. Case-Laws Income Tax Tue, 03 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410990