material facts Archives

Delhi High Court upholds revocation of Letter of Administration — “LoA obtained by concealment of material facts; widow’s rights ignored; 22-year delay unexplained” — appeal dismissed

1. Court’s decision The Delhi High Court has dismissed two connected appeals filed by the legal heirs of Jangli, who challenged the revocation of a Letter of Administration (LoA) previously…

Rawlaw December 12, 2025

News

Delhi High Court Holds that “Assessment Cannot Be Reopened Beyond Four Years Without Failure to Disclose Material Facts” — Protects Finality of Assessments Under Income Tax Law

Court’s Decision The Delhi High Court quashed the reassessment proceedings initiated beyond the permissible period of four years under Section 147 of the Income Tax Act, holding that the Revenue…

Rawlaw August 16, 2025

News

Bombay High Court Quashes Income Tax Reassessment Against Bharat Petroleum Corporation Limited for Alleged Wrong Dividend Exemption, Holding No Failure to Disclose Material Facts and Reopening Beyond Limitation is Invalid Under First Proviso to Reassessment Powers

Court’s Decision The Bombay High Court quashed reassessment notices and orders issued against Bharat Petroleum Corporation Limited for Assessment Years 2013-14 and 2014-15, holding that the Income Tax Department could…

Rawlaw July 6, 2025