https://www.taxtmi.com/caselaws?id=411438 The Court dismissed the petition challenging the notice issued under Section 148 of the Income Tax Act, 1961, for reopening the assessment. It held that there was tangible material indicating the petitioner had not fully disclosed all relevant facts, justifying the reopening. The Court found the reasons for reopening valid, based on credible information, and approved by the Principal Commissioner of Income Tax-3. The objections raised by the petitioner were rejected as lacking merit, affirming the legality of the notice and the sufficiency of the material supporting the reassessment. en-us Mon, 23 Aug 2021 00:00:00 +0530 Wed, 25 Mar 2026 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411438 The Court dismissed the petition challenging the notice issued under Section 148 of the Income Tax Act, 1961, for reopening the assessment. It held that there was tangible material indicating the petitioner had not fully disclosed all relevant facts, justifying the reopening. The Court found the reasons for reopening valid, based on credible information, and approved by the Principal Commissioner of Income Tax-3. The objections raised by the petitioner were rejected as lacking merit, affirming the legality of the notice and the sufficiency of the material supporting the reassessment. Case-Laws Income Tax Mon, 23 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411438