https://www.taxtmi.com/caselaws?id=458847 A reopening notice under section 148 of the Income-tax Act was challenged on the basis that the assessment had already been completed under section 143(3), that the recorded reasons rested on an incorrect factual premise, and that there was no failure to fully and truly disclose material facts. At the admission stage, the High Court considered the challenge substantial enough to issue notice and granted ad-interim protection, staying further proceedings under the impugned notice until the matter was examined further. en-us Wed, 11 Dec 2019 00:00:00 +0530 Mon, 18 Nov 2024 19:07:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458847 A reopening notice under section 148 of the Income-tax Act was challenged on the basis that the assessment had already been completed under section 143(3), that the recorded reasons rested on an incorrect factual premise, and that there was no failure to fully and truly disclose material facts. At the admission stage, the High Court considered the challenge substantial enough to issue notice and granted ad-interim protection, staying further proceedings under the impugned notice until the matter was examined further. Case-Laws Income Tax Wed, 11 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458847