https://www.taxtmi.com/caselaws?id=29190 The court allowed the petition, quashed the notice dated March 9, 1978, and the proceedings initiated based on it. The court emphasized the necessity for the ITO to have valid reasons to issue notices under section 148 and highlighted the importance of full and true disclosure of material facts for accurate assessment. The petitioner's contentions regarding jurisdiction and disclosure were upheld, leading to the dismissal of the notice and associated proceedings. en-us Wed, 17 Sep 1980 00:00:00 +0530 Thu, 11 Mar 2010 13:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29190 The court allowed the petition, quashed the notice dated March 9, 1978, and the proceedings initiated based on it. The court emphasized the necessity for the ITO to have valid reasons to issue notices under section 148 and highlighted the importance of full and true disclosure of material facts for accurate assessment. The petitioner's contentions regarding jurisdiction and disclosure were upheld, leading to the dismissal of the notice and associated proceedings. Case-Laws Income Tax Wed, 17 Sep 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29190