https://www.taxtmi.com/caselaws?id=426856 The court held that the reassessment proceedings for AY 2012-13 were barred by limitation as the petitioner had fully and truly disclosed all material facts during the original assessment. The court found no new material or information justifying reassessment. The reassessment notice issued just before the limitation period expired was deemed unsustainable. Consequently, the court quashed the proceedings, ruling in favor of the petitioner in the writ petition. en-us Thu, 28 Jul 2022 00:00:00 +0530 Mon, 08 May 2023 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426856 The court held that the reassessment proceedings for AY 2012-13 were barred by limitation as the petitioner had fully and truly disclosed all material facts during the original assessment. The court found no new material or information justifying reassessment. The reassessment notice issued just before the limitation period expired was deemed unsustainable. Consequently, the court quashed the proceedings, ruling in favor of the petitioner in the writ petition. Case-Laws Income Tax Thu, 28 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426856