https://www.taxtmi.com/caselaws?id=220189 The court held that the notice under Section 148 and the order rejecting the petitioner's objections were without jurisdiction as the reopening of the assessment was based on a change of opinion without new tangible material. The court emphasized the requirement of tangible material for reopening assessments and cited precedents to support its decision. Consequently, the court set aside the notice and the order, ruling in favor of the petitioner with no order as to costs. en-us Wed, 27 Jun 2012 00:00:00 +0530 Mon, 14 Jan 2013 15:39:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220189 The court held that the notice under Section 148 and the order rejecting the petitioner's objections were without jurisdiction as the reopening of the assessment was based on a change of opinion without new tangible material. The court emphasized the requirement of tangible material for reopening assessments and cited precedents to support its decision. Consequently, the court set aside the notice and the order, ruling in favor of the petitioner with no order as to costs. Case-Laws Income Tax Wed, 27 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220189