https://www.taxtmi.com/caselaws?id=756660 The HC quashed the notice dated 30th March 2021 issued under Section 148 of the Income Tax Act, 1961, for Assessment Year 2015-2016, concluding there was no substantial failure by the assessee to disclose material facts. The Court emphasized the necessity of concrete evidence for reopening assessments, which was absent, thus ruling in favor of the petitioner. en-us Tue, 23 Jan 2024 00:00:00 +0530 Sat, 14 Mar 2026 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756660 The HC quashed the notice dated 30th March 2021 issued under Section 148 of the Income Tax Act, 1961, for Assessment Year 2015-2016, concluding there was no substantial failure by the assessee to disclose material facts. The Court emphasized the necessity of concrete evidence for reopening assessments, which was absent, thus ruling in favor of the petitioner. Case-Laws Income Tax Tue, 23 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756660