https://www.taxtmi.com/caselaws?id=39611 The court dismissed the application for a writ of prohibition against the Income-tax Officer, allowing further proceedings based on a notice for income reassessment. It found the reasons provided by the Officer for initiating proceedings under section 147 to be valid, supported by tangible evidence such as discrepancies in turnover figures and suspicions of turnover suppression. The court emphasized the importance of the Commissioner's approval, stating it was not merely a mechanical act and suggested brief justification for transparency. The decision highlighted the significance of procedural compliance and transparency in tax reassessment proceedings to maintain trust in administrative decisions. en-us Fri, 10 Aug 1973 00:00:00 +0530 Mon, 19 Apr 2010 11:31:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39611 The court dismissed the application for a writ of prohibition against the Income-tax Officer, allowing further proceedings based on a notice for income reassessment. It found the reasons provided by the Officer for initiating proceedings under section 147 to be valid, supported by tangible evidence such as discrepancies in turnover figures and suspicions of turnover suppression. The court emphasized the importance of the Commissioner's approval, stating it was not merely a mechanical act and suggested brief justification for transparency. The decision highlighted the significance of procedural compliance and transparency in tax reassessment proceedings to maintain trust in administrative decisions. Case-Laws Income Tax Fri, 10 Aug 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39611