2020 (1) TMI 518 - SC - Income Tax

Validity of Reopening of assessment u/s 147 - tribunal held that the notice issued u/s 148 was not valid on ground that AO has not demonstrated the failure of the assessee in disclosing the material fact also confirmed by HC - HELD THAT - No reason to interfere in the matter. The special leave petition is, accordingly, dismissed.

Summary

The Supreme Court of India dismissed the special leave petition as there was no reason to interfere in the matter. Pending applications were disposed of. (2020 (1) TMI 518)