https://www.taxtmi.com/caselaws?id=442638 HC held reopening under section 147 beyond four years invalid and allowed challenge. Court found no allegation or proof that the taxpayer failed to fully and truly disclose material facts, and the reasons for reassessment relied solely on existing case records without any new tangible material. The objection disposal order also failed. The reassessment notice and related order were set aside, decision rendered in favor of the taxpayer. en-us Mon, 28 Aug 2023 00:00:00 +0530 Sat, 20 Sep 2025 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442638 HC held reopening under section 147 beyond four years invalid and allowed challenge. Court found no allegation or proof that the taxpayer failed to fully and truly disclose material facts, and the reasons for reassessment relied solely on existing case records without any new tangible material. The objection disposal order also failed. The reassessment notice and related order were set aside, decision rendered in favor of the taxpayer. Case-Laws Income Tax Mon, 28 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442638