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High Court of Bombay at Goa Considers Writ Petition Against Reopening of Assessment Under Section 148 of Income Tax Act, 1961. The Core Issue Is Whether Assessee Failed to Disclose Material Facts for AY 2012-13 to Justify Notice Beyond Four Years.

Background: This writ petition was filed by a private limited company engaged in mining business and sale and export of iron ore, challenging the reop...