https://www.taxtmi.com/caselaws?id=473033 Reopening an assessment previously scrutinised under section 143(3) beyond four years requires a failure to disclose material facts fully and truly, as well as a reason to believe that income escaped assessment supported by material. An investigation report and general statement that do not identify the taxpayer or substantiate accommodation entries do not supply that material. Approval based on a mistaken assumption that no prior scrutiny occurred and reliance on the wrong statutory clause do not cure these deficiencies. en-us Fri, 25 Apr 2025 00:00:00 +0530 Mon, 02 Nov 2026 18:59:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=473033 Reopening an assessment previously scrutinised under section 143(3) beyond four years requires a failure to disclose material facts fully and truly, as well as a reason to believe that income escaped assessment supported by material. An investigation report and general statement that do not identify the taxpayer or substantiate accommodation entries do not supply that material. Approval based on a mistaken assumption that no prior scrutiny occurred and reliance on the wrong statutory clause do not cure these deficiencies. Case-Laws Income Tax Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=473033