https://www.taxtmi.com/caselaws?id=416913 The High Court held that the re-opening of the assessment, based on the same material without any new disclosure by the petitioner, was impermissible as there was no failure on the petitioner's part to disclose material facts necessary for assessment. The Court quashed the notice for re-opening the assessment and subsequent order, emphasizing the importance of establishing such failure for valid re-opening under Sections 147 and 148 of the Act. en-us Tue, 04 Jan 2022 00:00:00 +0530 Tue, 11 Jan 2022 08:35:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416913 The High Court held that the re-opening of the assessment, based on the same material without any new disclosure by the petitioner, was impermissible as there was no failure on the petitioner's part to disclose material facts necessary for assessment. The Court quashed the notice for re-opening the assessment and subsequent order, emphasizing the importance of establishing such failure for valid re-opening under Sections 147 and 148 of the Act. Case-Laws Income Tax Tue, 04 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416913