https://www.taxtmi.com/caselaws?id=61952 The Tribunal upheld the Commissioner (Appeals) decision that the ITO had not validly reopened the assessment under section 147(b) of the Income-tax Act, 1961, considering it a mere change of opinion. Additionally, the Tribunal ruled that the rubber replantation subsidy received by the assessee was not taxable income based on established legal interpretations, dismissing the revenue's appeal. en-us Fri, 14 Aug 1981 00:00:00 +0530 Mon, 17 Jan 2011 12:35:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61952 The Tribunal upheld the Commissioner (Appeals) decision that the ITO had not validly reopened the assessment under section 147(b) of the Income-tax Act, 1961, considering it a mere change of opinion. Additionally, the Tribunal ruled that the rubber replantation subsidy received by the assessee was not taxable income based on established legal interpretations, dismissing the revenue's appeal. Case-Laws Income Tax Fri, 14 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61952