https://www.taxtmi.com/caselaws?id=39774 The court found the notice issued under section 148 invalid due to non-compliance with section 151(2) provisions. Despite justification for reassessment based on new information about non-genuine loans, the notice lacked proper Commissioner satisfaction. Consequently, the court allowed the application, quashing the notice. en-us Thu, 13 Jan 1972 00:00:00 +0530 Tue, 20 Apr 2010 12:10:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39774 The court found the notice issued under section 148 invalid due to non-compliance with section 151(2) provisions. Despite justification for reassessment based on new information about non-genuine loans, the notice lacked proper Commissioner satisfaction. Consequently, the court allowed the application, quashing the notice. Case-Laws Income Tax Thu, 13 Jan 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39774