https://www.taxtmi.com/caselaws?id=417830 The court allowed the writ petition challenging the notice and rejection order under Section 148 of the Income Tax Act for Assessment Year 2015-2016. It found inconsistencies in the reasons for reopening assessments for multiple years, including 2012-13 and 2014-15, and noted the acceptance of the petitioner's explanations in previous assessments. The court emphasized the necessity for proper application of mind and consistency in recording reasons for reopening assessments, ultimately quashing the notices and orders in the petitioner's favor for various assessment years. en-us Fri, 28 Jan 2022 00:00:00 +0530 Tue, 01 Feb 2022 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417830 The court allowed the writ petition challenging the notice and rejection order under Section 148 of the Income Tax Act for Assessment Year 2015-2016. It found inconsistencies in the reasons for reopening assessments for multiple years, including 2012-13 and 2014-15, and noted the acceptance of the petitioner's explanations in previous assessments. The court emphasized the necessity for proper application of mind and consistency in recording reasons for reopening assessments, ultimately quashing the notices and orders in the petitioner's favor for various assessment years. Case-Laws Income Tax Fri, 28 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417830