https://www.taxtmi.com/caselaws?id=221816 The High Court of Gujarat quashed a notice issued under section 148 of the Income-tax Act, 1961 for the assessment year 2007-08. The court held that the reasons for reopening the assessment were merely a change of opinion, as the assessee had provided all necessary details during the assessment proceedings and there was no concealment of relevant material. The court found the notice unwarranted and directed each party to bear their own costs. en-us Thu, 26 Jul 2012 00:00:00 +0530 Sat, 14 Nov 2015 13:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221816 The High Court of Gujarat quashed a notice issued under section 148 of the Income-tax Act, 1961 for the assessment year 2007-08. The court held that the reasons for reopening the assessment were merely a change of opinion, as the assessee had provided all necessary details during the assessment proceedings and there was no concealment of relevant material. The court found the notice unwarranted and directed each party to bear their own costs. Case-Laws Income Tax Thu, 26 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221816