https://www.taxtmi.com/caselaws?id=443983 The Court quashed the notice issued under Section 148 of the Income Tax Act for the assessment year 2012-13, along with the order rejecting the petitioner's objections. The Court found that the information used to reopen the assessment was already known to the authorities during the original assessment, and there was no failure to disclose material facts. The reassessment was deemed to be based on information already on record, leading to the petition being allowed in favor of the petitioner. en-us Tue, 22 Aug 2023 00:00:00 +0530 Tue, 07 Apr 2026 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443983 The Court quashed the notice issued under Section 148 of the Income Tax Act for the assessment year 2012-13, along with the order rejecting the petitioner's objections. The Court found that the information used to reopen the assessment was already known to the authorities during the original assessment, and there was no failure to disclose material facts. The reassessment was deemed to be based on information already on record, leading to the petition being allowed in favor of the petitioner. Case-Laws Income Tax Tue, 22 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443983