https://www.taxtmi.com/caselaws?id=204861 The Court quashed the notice for reopening the assessment under section 148 of the Income-tax Act, 1961, finding that it was based on a mere change of opinion and lacked valid reasons. The Court held that the Assessing Officer had already considered the petitioner's claim during the original assessment and issued the notice without proper examination of all relevant evidence. Consequently, the Court allowed the petition, setting aside the notice for reopening without imposing any costs. en-us Mon, 18 Oct 2010 00:00:00 +0530 Fri, 05 Aug 2011 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204861 The Court quashed the notice for reopening the assessment under section 148 of the Income-tax Act, 1961, finding that it was based on a mere change of opinion and lacked valid reasons. The Court held that the Assessing Officer had already considered the petitioner's claim during the original assessment and issued the notice without proper examination of all relevant evidence. Consequently, the Court allowed the petition, setting aside the notice for reopening without imposing any costs. Case-Laws Income Tax Mon, 18 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204861