https://www.taxtmi.com/caselaws?id=70864 The Tribunal upheld the Appellate Controller of Estate Duty's decision to cancel the supplementary assessment, ruling that the reopening of the assessment under section 59 of the Estate Duty Act was unjustified. The Tribunal emphasized that the audit objection did not provide new information beyond what was already available during the original assessment, concluding that the reassessment was based on a change of opinion rather than genuinely new facts. Consequently, the appeal was dismissed, and the cancellation of the assessment was upheld. en-us Thu, 13 Dec 1984 00:00:00 +0530 Tue, 19 Apr 2011 17:21:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70864 The Tribunal upheld the Appellate Controller of Estate Duty's decision to cancel the supplementary assessment, ruling that the reopening of the assessment under section 59 of the Estate Duty Act was unjustified. The Tribunal emphasized that the audit objection did not provide new information beyond what was already available during the original assessment, concluding that the reassessment was based on a change of opinion rather than genuinely new facts. Consequently, the appeal was dismissed, and the cancellation of the assessment was upheld. Case-Laws Income Tax Thu, 13 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70864