S. 148 : Reassessment-Notice-Amalgamation-Failure to intimate the amalgamation-Petition is dismissed. [S. 147, 292B, Art. 226]

S. 148 : Reassessment-Notice-Amalgamation-Informed the factum of amalgamation-Reassessment in the name of non-existent amalgamating entity a nullity-Not curable defect cannot be validated under section 292B-Notice and consequential order is quashed. [S. 147, 292B, Art. 226]

S. 147: Reassessment-Ex parte assessment-First information report allegations filed by daughter against her husband and in laws-Physical inability to participate in proceedings-Ex parte assessment order and demand notice is quashed and set aside. [S. 148, Art. 226]

S. 147 : Reassessment-Change of opinion-Notice beyond period of limitation-Interest paid and interest received-Capital receipt-No failure on part of assessee to make true and full disclosure in original assessment-Reassessment proceedings to bring to tax interest receipts based on change of opinion impermissible.[S. 143(3), 148, 260A]

S. 147 :Reassessment-Assessment of third person-Authorised Officer conducting search to hand over seized documents relating to third person to Assessing Officer having jurisdiction within fifteen days of seizure-Assessing Officer seeking instructions from superior authority and not exercising independent judgment on facts-Reassessment proceedings and assessment order passed by Assessing Officer at dictation of higher authorities-Null and void-Rule of law. [S. 132(9A), 132A(3), 147, 148, 153C, 260A]

S. 147: Reassessment-Unexplained investment-Assessment cannot be opened twice for the same reason-Reassessment notice and order disposing the objection is quashed and set aside. [S. 69, 148, Art.226]

S.147: Reassessment-After the expiry of four years-Interest on borrowed funds-Change of opinion-No failure to disclose material facts-Reassessment proceedings is quashed and set aside.[S. 36(1)(iii), 143(3), 148, Art. 226]

S.147: Reassessment-After the expiry of four years-No failure to disclose material facts-Audit objection-Reassessment notice and order disposing the objection is quashed. [S. 57, 143(3), 147, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Material facts not considered-When the assessee’s objections to alleged foreign receipts are not adequately considered by the revenue authorities in response to a notice under section 148 of the Income-tax Act, 1961, a remand to the Assessing Officer with directions. [S. 133(6), 148, Art. 226]

S.147: Reassessment-After the expiry of four years-No failure to disclose material facts-Sanction should be given only after due application of mind-Notice and order disposing the objection is quashed. [S. 37(1), 148, 151, Art. 226]