https://www.taxtmi.com/caselaws?id=36307 The High Court of Karnataka dismissed the appeal challenging the quashing of a notice issued by the Income Tax Officer under s. 148 of the Income Tax Act, 1961 for reassessment for the year 1962-63. The court held that the Income Tax Officer's action in dropping the proceedings for the assessment year 1962-63 impacted the validity of the subsequent notice, concluding that the failure to tax income in the original assessment was an error of judgment, not a failure to disclose by the assessee. The court upheld the single judge's order on different grounds and declined to grant a certificate of fitness to appeal to the Supreme Court. en-us Fri, 29 Aug 1980 00:00:00 +0530 Sat, 20 Mar 2010 14:49:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36307 The High Court of Karnataka dismissed the appeal challenging the quashing of a notice issued by the Income Tax Officer under s. 148 of the Income Tax Act, 1961 for reassessment for the year 1962-63. The court held that the Income Tax Officer's action in dropping the proceedings for the assessment year 1962-63 impacted the validity of the subsequent notice, concluding that the failure to tax income in the original assessment was an error of judgment, not a failure to disclose by the assessee. The court upheld the single judge's order on different grounds and declined to grant a certificate of fitness to appeal to the Supreme Court. Case-Laws Income Tax Fri, 29 Aug 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36307