https://www.taxtmi.com/caselaws?id=420323 The court upheld the validity of the notice issued under Section 148 of the Income Tax Act, 1961, and the reassessment proceedings, finding prima facie material supporting the belief that the petitioner's income had escaped assessment. The court dismissed the writ petition, ruling that the Assessing Officer had proper grounds for reopening the assessment and rejecting the petitioner's objections. Each party was ordered to bear their own costs. en-us Mon, 28 Mar 2022 00:00:00 +0530 Mon, 10 Oct 2022 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420323 The court upheld the validity of the notice issued under Section 148 of the Income Tax Act, 1961, and the reassessment proceedings, finding prima facie material supporting the belief that the petitioner's income had escaped assessment. The court dismissed the writ petition, ruling that the Assessing Officer had proper grounds for reopening the assessment and rejecting the petitioner's objections. Each party was ordered to bear their own costs. Case-Laws Income Tax Mon, 28 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420323