S. 147 : Reassessment-After the expiry of four years-No failure to disclose material facts- Capital gains -Business income -Change of opinion-The Assessing Officer has to deal with objections if not satisfied should specifically state as to how the objections are unjustified-Reassessment notice was quashed. [S. 45, 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Income from forex Transaction, Insurance claim, miscellaneous income-Not eligible deduction-Reassessment notice was held to be valid. [S. 80HHC, 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Unexplained investment-Purchase of house-Payment was made prior to sale existing house-Not examined the source of investment in new house-Reassessment notice was held to be justified. [S. 54, 59, 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Method of accounting-Professional income-Notice issued on the basis of statement of a manger (Operations)-Re assessment notice is held to be justified. [S. 145, 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years–Capital gains-Sale of rural agricultural land-No query was raised in the original assessment proceedings as regards applicability of section. 50C of the Act-Reassessment notice was held to be valid. [S. 45, 50C, 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Retention money-Contractor-Contingent-Allowed as deduction-No full and true disclosure-Reassessment notice was held to be valid. [S. 28(i), 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Deduction of tax at source-Non-Resident-Lessor deduction of tax at source-New information-Reassessment notice was held to be justified. [S. 148, 195, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Additional stamp duty-Not mentioning the built-up area-No failure to disclose material facts-Reassessment notice was held to be not valid. [S. 45, 5OC, 148, Indian Stamp Act, 1899, S. 47A, 70(2)]

S. 147 : Reassessment-After the expiry of four years-Search-Accommodation entries-Bogus capital gains-Reassessment notice was held to be justified. [S. 45, 68, 131, 132, 143(3), 148, 153A, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Accommodation entries-Purchase and sales-Commission income was not disclosed-Information from investigation Wing-Direct nexus and live link-Reassessment notice was held to be valid. [S. 148, Art. 226]