https://www.taxtmi.com/caselaws?id=207749 The High Court of Rajasthan granted condonation of delay in filing appeals due to the Tribunal's failure to notify concerned parties, allowing the appeals to be heard on merits. It held that reopening assessments for the assessment years 1995-96 and 1997-98 based on a mere change of opinion was impermissible under section 147. The Court upheld the rejection of books of account under section 145(3) of the Income-tax Act, dismissing appeals from both the assessee and the revenue. en-us Sat, 20 Nov 2010 00:00:00 +0530 Thu, 23 Jun 2016 19:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207749 The High Court of Rajasthan granted condonation of delay in filing appeals due to the Tribunal's failure to notify concerned parties, allowing the appeals to be heard on merits. It held that reopening assessments for the assessment years 1995-96 and 1997-98 based on a mere change of opinion was impermissible under section 147. The Court upheld the rejection of books of account under section 145(3) of the Income-tax Act, dismissing appeals from both the assessee and the revenue. Case-Laws Income Tax Sat, 20 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207749