S. 149 : Reassessment-Time limit for notice-Issue of notice-Notice dated 31-3 2018-Despatched on same day-1-4-2018 being Sunday Franking was done by postal authorities on 2-4 2018-Notice is not time barred. [S. 147, 148, Art. 226]

S. 147 : Reassessment-Search and seizure-Information from third party-Satisfaction-Validity of issue was notice u/s. 148 was left open to be decided in appeal-Order of single judge was set aside. [S. 132, 148, 153C, 158BD, Art. 226]

S. 147 : Reassessment-With in four years-Value of any benefit or perquisites-On the basis of observation by the CIT (A)-Repayment of loan-Disputed facts cannot be adjudicated in writ proceedings-Reassessment notice is held to be valid. [S. 28(iv), 148, 151, Art. 226]

S. 147: Reassessment-Within four years-Issue of share expenses-Reassessment notice was held to be valid. [S. 148, Art. 226]

S. 147 : Reassessment-Cash credit-Purchases-Non genuine payment-Reassessment notice was held to be valid. [S. 68, 148, Art. 226]

S. 147 : Reassessment-With in four years-Failure to deduct tax at source-Reassessment notice was held to be justified [S. 40(a)(i), Art. 226]

S. 147 : Reassessment-With in four years-Audit objection-Survey-Reassessment notice was held to be valid. [S. 133A, 148, Art. 226]

S. 147 : Reassessment-With in four years-Change of opinion-Interest income-oversight, inadvertence or mistake committed by the ITO-No fresh material-Reassessment is held to be not valid. [S. 57, 148]

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]