1999 (2) TMI 10

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....t High Court which had allowed a writ petition filed by the respondent who had challenged the notice issued under section 148 of the Income-tax Act, 1961, whereby the respondent's assessment in respect of the year 1988-89 was sought to be reopened. The reason for reopening of the assessment was that the Gujarat High Court in Banyan and Berry v. CIT [1996] 222 ITR 831, had held that after dissolut....