https://www.taxtmi.com/caselaws?id=416909 The court dismissed the petition challenging a notice under Section 148 of the Income Tax Act 1961 and subsequent order disposing objections. Despite acknowledging issues with the reasons for reopening, the court upheld the Assessing Officer's decision based on the petitioner's delayed income revision post-notice. Emphasizing that reopening for verification is permissible in certain cases, the court allowed the Revenue to proceed with the assessment, declining to intervene. The petitioner was advised to explore alternative remedies under the Income Tax Act while retaining the right to raise contentions before the Assessing Officer. en-us Mon, 03 Jan 2022 00:00:00 +0530 Tue, 11 Jan 2022 08:35:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416909 The court dismissed the petition challenging a notice under Section 148 of the Income Tax Act 1961 and subsequent order disposing objections. Despite acknowledging issues with the reasons for reopening, the court upheld the Assessing Officer's decision based on the petitioner's delayed income revision post-notice. Emphasizing that reopening for verification is permissible in certain cases, the court allowed the Revenue to proceed with the assessment, declining to intervene. The petitioner was advised to explore alternative remedies under the Income Tax Act while retaining the right to raise contentions before the Assessing Officer. Case-Laws Income Tax Mon, 03 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416909