https://www.taxtmi.com/caselaws?id=27066 The Tribunal upheld the reassessment under section 147(b) based on a notice issued under section 148, finding it valid despite an initial challenge. The court affirmed the applicability of section 150 with section 153(3), Explanation 2, allowing for the reassessment based on the Tribunal's direction regarding an escaped assessment. The court ruled against the assessee on both issues, supporting the reassessment under section 147(b) and the application of relevant provisions. en-us Wed, 07 Nov 1984 00:00:00 +0530 Wed, 10 Feb 2010 15:30:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27066 The Tribunal upheld the reassessment under section 147(b) based on a notice issued under section 148, finding it valid despite an initial challenge. The court affirmed the applicability of section 150 with section 153(3), Explanation 2, allowing for the reassessment based on the Tribunal's direction regarding an escaped assessment. The court ruled against the assessee on both issues, supporting the reassessment under section 147(b) and the application of relevant provisions. Case-Laws Income Tax Wed, 07 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27066