https://www.taxtmi.com/caselaws?id=65581 The Tribunal quashed the reassessment proceedings, deeming them invalid due to their basis on a mere change of opinion, with no failure by the assessee to disclose all material facts. The original assessment was thorough, with no new information justifying reassessment. Consequently, the appeals filed by the assessee were allowed. en-us Fri, 28 Sep 2007 00:00:00 +0530 Fri, 08 Mar 2024 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65581 The Tribunal quashed the reassessment proceedings, deeming them invalid due to their basis on a mere change of opinion, with no failure by the assessee to disclose all material facts. The original assessment was thorough, with no new information justifying reassessment. Consequently, the appeals filed by the assessee were allowed. Case-Laws Income Tax Fri, 28 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65581