https://www.taxtmi.com/caselaws?id=456985 A reassessment notice under Section 148 was found unsustainable because it did not disclose the reasons forming the basis of the reopening. The court treated the absence of recorded satisfaction as a substantive defect, since an assessee must know the grounds of reopening to respond effectively and receive a fair opportunity of defence. The notice was therefore quashed as non-speaking, and the matter was remanded for fresh consideration through a speaking order. en-us Fri, 16 Apr 2021 00:00:00 +0530 Thu, 29 Aug 2024 21:49:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456985 A reassessment notice under Section 148 was found unsustainable because it did not disclose the reasons forming the basis of the reopening. The court treated the absence of recorded satisfaction as a substantive defect, since an assessee must know the grounds of reopening to respond effectively and receive a fair opportunity of defence. The notice was therefore quashed as non-speaking, and the matter was remanded for fresh consideration through a speaking order. Case-Laws Income Tax Fri, 16 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456985