https://www.taxtmi.com/caselaws?id=418244 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's decision, emphasizing that reassessment under Section 148 cannot be used to reevaluate details already disclosed and claimed as exempt income. The court found the jurisdiction assumed by issuing the notice for reassessment to be legally flawed, leading to the rejection of the appellant's appeal for the Assessment Year 2011-12. en-us Wed, 12 Jan 2022 00:00:00 +0530 Fri, 11 Feb 2022 07:22:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418244 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's decision, emphasizing that reassessment under Section 148 cannot be used to reevaluate details already disclosed and claimed as exempt income. The court found the jurisdiction assumed by issuing the notice for reassessment to be legally flawed, leading to the rejection of the appellant's appeal for the Assessment Year 2011-12. Case-Laws Income Tax Wed, 12 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418244