https://www.taxtmi.com/caselaws?id=214951 The court found that the reopening of the assessment for A.Y. 2004-2005 was unjustified as it was based on a mere change of opinion by the Assessing Officer (AO) without any new material. The petitioner had adequately disclosed all relevant details during the original assessment proceedings, and the court concluded that there was no failure in disclosure. The court held that the impugned notice and subsequent order were based on a mere change of opinion, leading to the quashing of the notice and order. The Writ Petition was made absolute, and no costs were awarded. en-us Mon, 09 Jul 2012 00:00:00 +0530 Tue, 11 Sep 2012 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214951 The court found that the reopening of the assessment for A.Y. 2004-2005 was unjustified as it was based on a mere change of opinion by the Assessing Officer (AO) without any new material. The petitioner had adequately disclosed all relevant details during the original assessment proceedings, and the court concluded that there was no failure in disclosure. The court held that the impugned notice and subsequent order were based on a mere change of opinion, leading to the quashing of the notice and order. The Writ Petition was made absolute, and no costs were awarded. Case-Laws Income Tax Mon, 09 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214951