https://www.taxtmi.com/caselaws?id=425404 The Court quashed the notices and orders related to the reopening of the assessment for the year 2017-2018, ruling in favor of the petitioner. The Court held that the reasons for reopening the assessment lacked validity as they ignored the petitioner's earlier explanations during the regular assessment. It was deemed impermissible to reopen the assessment when all relevant facts were disclosed during the original assessment. The Court allowed the petition, making the rule absolute and disposing of the Civil Application without costs. en-us Tue, 14 Jun 2022 00:00:00 +0530 Thu, 21 Jul 2022 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425404 The Court quashed the notices and orders related to the reopening of the assessment for the year 2017-2018, ruling in favor of the petitioner. The Court held that the reasons for reopening the assessment lacked validity as they ignored the petitioner's earlier explanations during the regular assessment. It was deemed impermissible to reopen the assessment when all relevant facts were disclosed during the original assessment. The Court allowed the petition, making the rule absolute and disposing of the Civil Application without costs. Case-Laws Income Tax Tue, 14 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425404