https://www.taxtmi.com/caselaws?id=154141 Information for reopening reassessment under section 18(1) of the Bihar Sales Tax Act need not come from an external source; it may arise from the original assessment record if the relevant facts or legal implications are later realised. A mere change of opinion, second thoughts, or fresh reconsideration of the same material without new information does not confer jurisdiction to reopen a completed assessment. The earlier Division Bench view insisting on an outside source of information was held inconsistent with binding precedent and overruled. The matter was remitted for decision on merits in light of these principles. en-us Mon, 23 Jan 1984 00:00:00 +0530 Thu, 08 Aug 2013 18:13:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154141 Information for reopening reassessment under section 18(1) of the Bihar Sales Tax Act need not come from an external source; it may arise from the original assessment record if the relevant facts or legal implications are later realised. A mere change of opinion, second thoughts, or fresh reconsideration of the same material without new information does not confer jurisdiction to reopen a completed assessment. The earlier Division Bench view insisting on an outside source of information was held inconsistent with binding precedent and overruled. The matter was remitted for decision on merits in light of these principles. Case-Laws VAT and Sales Tax Mon, 23 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154141