Held that the assessee had disclosed all relevant facts necessary for assessment which included details of bank statements and even bank interest income from the savings bank account and, therefore, all the requisite details were disclosed which were facts necessary for assessment. On a perusal of the reasons recorded, the assessment was sought to be reopened for verification of the facts which were already on record. The reassessment notice and order disposing the objection is quashed. (AY.2011-12)