https://www.taxtmi.com/caselaws?id=419748 The court set aside the notice issued under Section 148 of the Income Tax Act and the order rejecting objections to re-opening, as the Revenue failed to demonstrate a failure to disclose material facts by the petitioner. The court emphasized the necessity of establishing non-disclosure for re-opening assessments beyond the statutory time limit, highlighting the Revenue's burden to prove such non-disclosure. This decision reinforces the requirement for valid grounds supported by evidence before re-opening assessments, ensuring procedural fairness and protecting the rights of the assessee. en-us Fri, 11 Mar 2022 00:00:00 +0530 Sat, 19 Mar 2022 07:37:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419748 The court set aside the notice issued under Section 148 of the Income Tax Act and the order rejecting objections to re-opening, as the Revenue failed to demonstrate a failure to disclose material facts by the petitioner. The court emphasized the necessity of establishing non-disclosure for re-opening assessments beyond the statutory time limit, highlighting the Revenue's burden to prove such non-disclosure. This decision reinforces the requirement for valid grounds supported by evidence before re-opening assessments, ensuring procedural fairness and protecting the rights of the assessee. Case-Laws Income Tax Fri, 11 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419748