https://www.taxtmi.com/caselaws?id=785506 Reopening of assessment was quashed because the assessing officer did not afford a proper opportunity to produce balance-sheet and profit and loss accounts; the impugned notice and order were set aside and the taxpayer must furnish all requisite documents within two weeks, whereupon the assessing officer must consider the documents and pass a fresh decision in accordance with law. The merits were left open for fresh adjudication by the assessing officer. en-us Tue, 20 Jan 2026 00:00:00 +0530 Sat, 24 Jan 2026 08:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785506 Reopening of assessment was quashed because the assessing officer did not afford a proper opportunity to produce balance-sheet and profit and loss accounts; the impugned notice and order were set aside and the taxpayer must furnish all requisite documents within two weeks, whereupon the assessing officer must consider the documents and pass a fresh decision in accordance with law. The merits were left open for fresh adjudication by the assessing officer. Case-Laws Income Tax Tue, 20 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785506