https://www.taxtmi.com/caselaws?id=35650 Reopening of assessment under section 148 was held unsustainable where the revenue did not disclose the reasons or supporting material for forming the belief that income had escaped assessment. The original assessment had been completed under section 143(3) after enquiry and the trust had been treated as exempt under section 11, while repeated requests for the basis of reopening went unanswered. The absence of any return or record from the revenue, together with the related finding that no escapement had occurred, meant the reopening lacked substance. The notice was quashed. en-us Mon, 31 Aug 1981 00:00:00 +0530 Mon, 15 Mar 2010 17:35:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35650 Reopening of assessment under section 148 was held unsustainable where the revenue did not disclose the reasons or supporting material for forming the belief that income had escaped assessment. The original assessment had been completed under section 143(3) after enquiry and the trust had been treated as exempt under section 11, while repeated requests for the basis of reopening went unanswered. The absence of any return or record from the revenue, together with the related finding that no escapement had occurred, meant the reopening lacked substance. The notice was quashed. Case-Laws Income Tax Mon, 31 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35650