https://www.taxtmi.com/caselaws?id=426728 The court allowed the writ petitions, quashed the re-assessment orders, and emphasized the importance of timely communication of facts. It highlighted the need for addressing all taxpayer concerns and criticized the assessing authority for procedural oversights. The court found the re-assessment proceedings invalid as the petitioner had made a full and true disclosure, rendering the assessing officer's reasons insufficient. The decision underscored adherence to statutory conditions for re-assessment and the necessity of considering substantive grounds raised by taxpayers before making decisions on such matters. en-us Thu, 04 Aug 2022 00:00:00 +0530 Mon, 16 Jan 2023 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426728 The court allowed the writ petitions, quashed the re-assessment orders, and emphasized the importance of timely communication of facts. It highlighted the need for addressing all taxpayer concerns and criticized the assessing authority for procedural oversights. The court found the re-assessment proceedings invalid as the petitioner had made a full and true disclosure, rendering the assessing officer's reasons insufficient. The decision underscored adherence to statutory conditions for re-assessment and the necessity of considering substantive grounds raised by taxpayers before making decisions on such matters. Case-Laws Income Tax Thu, 04 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426728