https://www.taxtmi.com/caselaws?id=29164 The court dismissed the petitions challenging the reassessment notice issued by the Income Tax Officer (ITO) to partners of a firm. The court held that the ITO had valid reasons supported by the Commissioner's sanction for reopening the assessment under Section 148 of the Income Tax Act. The court emphasized that the petitioners should address their objections before the statutory authorities and exhaust remedies under the Act before approaching the High Court. The court did not delve into the merits of the issues raised and dismissed the petitions without costs to prevent premature interference in the assessment process. en-us Wed, 02 Apr 1980 00:00:00 +0530 Thu, 11 Mar 2010 12:15:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29164 The court dismissed the petitions challenging the reassessment notice issued by the Income Tax Officer (ITO) to partners of a firm. The court held that the ITO had valid reasons supported by the Commissioner's sanction for reopening the assessment under Section 148 of the Income Tax Act. The court emphasized that the petitioners should address their objections before the statutory authorities and exhaust remedies under the Act before approaching the High Court. The court did not delve into the merits of the issues raised and dismissed the petitions without costs to prevent premature interference in the assessment process. Case-Laws Income Tax Wed, 02 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29164