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2002 (8) TMI 27 - PUNJAB AND HARYANA HIGH COURTIn this petition, the petitioner has prayed for quashing notice issued under section 148 proposing to revise its assessment for the assessment year 1997-98. - If the reasons assigned by respondent No. 1 for issuing the notice under section 148 of the Act are considered in the light of the law laid down by the Supreme Court, it is not possible to hold that he did not have any material before him for entertaining a belief that the income of the petitioner had escaped assessment. The judgments relied upon by Shri Jain are clearly distinguishable. In those cases, the Supreme Court and the Delhi High Court had the occasion to examine the matter after passing of the final orders and not at the stage of notice. Therefore, the same cannot be made the basis for quashing the notice even before the submission of the reply by the petitioner. The writ petition is dismissed
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