https://www.taxtmi.com/caselaws?id=776581 The HC held that reopening assessment u/s 147 against the petitioner was unsustainable as there was no reason to believe income had escaped assessment for A.Y. 2021-22. The petitioner, a housewife, did not contribute to the purchase consideration of the jointly owned property, which was paid entirely by her husband, corroborated by bank statements. The Section 148 notice issued to her lacked basis since the alleged escapement pertained to the husband's income. The court relied on precedent where similar facts led to dismissal of reassessment notices against a non-earning spouse. The petitioner's appeal was allowed, quashing the reopening notice. en-us Mon, 04 Aug 2025 00:00:00 +0530 Wed, 13 Aug 2025 07:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776581 The HC held that reopening assessment u/s 147 against the petitioner was unsustainable as there was no reason to believe income had escaped assessment for A.Y. 2021-22. The petitioner, a housewife, did not contribute to the purchase consideration of the jointly owned property, which was paid entirely by her husband, corroborated by bank statements. The Section 148 notice issued to her lacked basis since the alleged escapement pertained to the husband's income. The court relied on precedent where similar facts led to dismissal of reassessment notices against a non-earning spouse. The petitioner's appeal was allowed, quashing the reopening notice. Case-Laws Income Tax Mon, 04 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776581