Court Clarifies: Income Tax Reassessment Notices Must Include Substantive Context u/s 148(2) to Establish Jurisdiction.

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....Reassessment - disclouser of information - A parrot-like repetition of the statutory language without any substance would certainly not amount to satisfying the jurisdictional conditions but if coupled with the context is sufficiently capable of conveying the fact that there was failure on the part of the assessee, that should be sufficient compliance with the requirements of section 148(2) of the Act. - HC....