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2008 (8) TMI 800 - HC - Income TaxNotice for reassessment challenged - Held that:- It is the attempt of the Department to somehow or the other reopen the proceedings and more particularly the block assessment which they could not successfully support and sustain right up to this Court. That this is the attempt which is apparent from the notices and, therefore, the reasons which are relied upon fail to indicate any escapement or concealment of income by the assessee or suppression of any material facts by him. Therefore, they do not meet the required satis-faction under section 147 of the Income-tax Act. In fact, this is an instance identical to the one before the Hon’ble Supreme Court in the case of Rao Thakur Narayan Singh (1964 (10) TMI 17 - SUPREME Court). W.P. allowed.
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