https://www.taxtmi.com/caselaws?id=415292 The Court quashed the notice dated 28/3/2005 and the consequential order dated 20/2/2006, ruling in favor of the petitioner. The Court emphasized that failure to disclose material facts renders the notice without jurisdiction, and if no such failure is evident, the assumption of jurisdiction exceeds legal constraints. The Assessing Officer must have clear, evidence-based reasons to believe income escaped assessment due to the assessee's failure to disclose. The Court stressed the importance of legal compliance and set aside the notice and orders, issuing a Writ of Certiorari in favor of the petitioner. en-us Fri, 26 Nov 2021 00:00:00 +0530 Wed, 23 Feb 2022 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415292 The Court quashed the notice dated 28/3/2005 and the consequential order dated 20/2/2006, ruling in favor of the petitioner. The Court emphasized that failure to disclose material facts renders the notice without jurisdiction, and if no such failure is evident, the assumption of jurisdiction exceeds legal constraints. The Assessing Officer must have clear, evidence-based reasons to believe income escaped assessment due to the assessee's failure to disclose. The Court stressed the importance of legal compliance and set aside the notice and orders, issuing a Writ of Certiorari in favor of the petitioner. Case-Laws Income Tax Fri, 26 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415292