https://www.taxtmi.com/caselaws?id=35341 The court held that the notice issued under Section 148 of the Income Tax Act to reopen the assessment was invalid as the assessee had not failed to disclose all material facts necessary for assessment. The court found that the jurisdictional condition to reopen the assessment beyond four years was not met, as the Assessing Officer was already aware of the relevant facts during the original assessment. Consequently, the court set aside the notice and allowed the petition, with no order as to costs. en-us Tue, 19 Jan 2010 00:00:00 +0530 Thu, 03 Jan 2013 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35341 The court held that the notice issued under Section 148 of the Income Tax Act to reopen the assessment was invalid as the assessee had not failed to disclose all material facts necessary for assessment. The court found that the jurisdictional condition to reopen the assessment beyond four years was not met, as the Assessing Officer was already aware of the relevant facts during the original assessment. Consequently, the court set aside the notice and allowed the petition, with no order as to costs. Case-Laws Income Tax Tue, 19 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35341