https://www.taxtmi.com/caselaws?id=29373 The court quashed the notices issued for the assessment years 1959-60 to 1966-67 as the reasons for reopening the assessment did not indicate any failure to disclose material facts. However, the court refused to quash the notices for the assessment years 1967-68 to 1973-74, clarifying that the Income Tax Officer should focus on the head office expenditure unless new facts necessitate reassessment of other items. The court upheld the requirement of obtaining sanction under Section 151 of the Income Tax Act before issuing notices and emphasized that reassessment proceedings are not limited to the specific item initially identified. en-us Tue, 01 Sep 1981 00:00:00 +0530 Fri, 12 Mar 2010 14:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29373 The court quashed the notices issued for the assessment years 1959-60 to 1966-67 as the reasons for reopening the assessment did not indicate any failure to disclose material facts. However, the court refused to quash the notices for the assessment years 1967-68 to 1973-74, clarifying that the Income Tax Officer should focus on the head office expenditure unless new facts necessitate reassessment of other items. The court upheld the requirement of obtaining sanction under Section 151 of the Income Tax Act before issuing notices and emphasized that reassessment proceedings are not limited to the specific item initially identified. Case-Laws Income Tax Tue, 01 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29373