https://www.taxtmi.com/highlights?id=96332 Reopening of assessment examines adequacy of service of statutory pre-reopening notice and the right to be heard; the court found doubt as to proper service of the notice under the statute and concluded that the taxpayer was likely deprived of a fair opportunity to present its case, consequently setting aside the subsequent notice and order issued on April 8, 2024. The operative effect requires the taxpayer to file a reply to the show-cause notice dated March 8, 2024 within two weeks, after which the assessing officer must reconsider whether reopening and issuance of a reassessment notice is justified. en-us Sat, 24 Jan 2026 13:45:36 +0530 Sat, 24 Jan 2026 13:45:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96332 Reopening of assessment examines adequacy of service of statutory pre-reopening notice and the right to be heard; the court found doubt as to proper service of the notice under the statute and concluded that the taxpayer was likely deprived of a fair opportunity to present its case, consequently setting aside the subsequent notice and order issued on April 8, 2024. The operative effect requires the taxpayer to file a reply to the show-cause notice dated March 8, 2024 within two weeks, after which the assessing officer must reconsider whether reopening and issuance of a reassessment notice is justified. Highlights Income Tax Sat, 24 Jan 2026 13:45:36 +0530 https://www.taxtmi.com/highlights?id=96332