https://www.taxtmi.com/caselaws?id=211405 The court set aside the notice of reassessment and the order issued by the Assessing Officer, finding that the conditions for reopening the assessment under Section 147 were not met. It concluded that the reopening was based on a mere change of opinion without new tangible material, rendering it illegal. The Special Civil Application was allowed, and the reassessment notice and order were quashed. en-us Mon, 12 Mar 2012 00:00:00 +0530 Fri, 15 Feb 2013 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211405 The court set aside the notice of reassessment and the order issued by the Assessing Officer, finding that the conditions for reopening the assessment under Section 147 were not met. It concluded that the reopening was based on a mere change of opinion without new tangible material, rendering it illegal. The Special Civil Application was allowed, and the reassessment notice and order were quashed. Case-Laws Income Tax Mon, 12 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211405