https://www.taxtmi.com/caselaws?id=207271 The court held that the reassessment notices issued under sections 147 and 148 were invalid due to being based on a mere change of opinion and being issued beyond the permissible limitation period. Consequently, the court quashed the notices, terminated related proceedings, allowed the writ petitions, and directed each party to bear their own costs. en-us Sat, 20 Aug 2011 00:00:00 +0530 Fri, 14 Dec 2012 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207271 The court held that the reassessment notices issued under sections 147 and 148 were invalid due to being based on a mere change of opinion and being issued beyond the permissible limitation period. Consequently, the court quashed the notices, terminated related proceedings, allowed the writ petitions, and directed each party to bear their own costs. Case-Laws Income Tax Sat, 20 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207271