https://www.taxtmi.com/caselaws?id=206970 HC held that reassessment under s.147 was invalid for AY 1999-00 because no information or material from an external source was brought to the department and the relevant facts were already on record; decision for the assessee. For AY 2000-01 the HC upheld reassessment in favor of the Revenue: the return was not taken up for scrutiny, change of opinion was not applicable, and the CIT(A) order in AY 2001-02 constituted information from an external source, justifying reopening. en-us Fri, 11 Nov 2011 00:00:00 +0530 Tue, 19 Aug 2025 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206970 HC held that reassessment under s.147 was invalid for AY 1999-00 because no information or material from an external source was brought to the department and the relevant facts were already on record; decision for the assessee. For AY 2000-01 the HC upheld reassessment in favor of the Revenue: the return was not taken up for scrutiny, change of opinion was not applicable, and the CIT(A) order in AY 2001-02 constituted information from an external source, justifying reopening. Case-Laws Income Tax Fri, 11 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206970