https://www.taxtmi.com/caselaws?id=795290 The text addresses reassessment notices issued under section 148 concerning allegedly excessive share premium. It states that the High Court found the recorded reasons for reopening substantially similar to those considered in an earlier Bombay High Court decision and therefore quashed the challenged notices and orders. The Supreme Court text further records that the special leave petition, filed after delay, lacked merit and was dismissed on both delay and merits. As this is a non-adjudicatory legal note, the stated subject matter is limited to the validity of reopening based on recorded reasons and the dismissal of the challenge. en-us Fri, 17 Jul 2026 00:00:00 +0530 Mon, 20 Jul 2026 09:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795290 The text addresses reassessment notices issued under section 148 concerning allegedly excessive share premium. It states that the High Court found the recorded reasons for reopening substantially similar to those considered in an earlier Bombay High Court decision and therefore quashed the challenged notices and orders. The Supreme Court text further records that the special leave petition, filed after delay, lacked merit and was dismissed on both delay and merits. As this is a non-adjudicatory legal note, the stated subject matter is limited to the validity of reopening based on recorded reasons and the dismissal of the challenge. Case-Laws Income Tax Fri, 17 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795290