https://www.taxtmi.com/caselaws?id=234080 The court held that the notice issued under Section 148 of the Income-tax Act, 1961, and all subsequent proceedings were invalid due to a change of opinion. The reassessment order, which included additions for bad debts and royalty, was set aside. The court found that the assessing officer had already formed an opinion during the original assessment, making the reopening of the assessment on the same grounds invalid. Consequently, the writ petition was allowed with no costs awarded. en-us Mon, 13 May 2013 00:00:00 +0530 Fri, 25 Oct 2013 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234080 The court held that the notice issued under Section 148 of the Income-tax Act, 1961, and all subsequent proceedings were invalid due to a change of opinion. The reassessment order, which included additions for bad debts and royalty, was set aside. The court found that the assessing officer had already formed an opinion during the original assessment, making the reopening of the assessment on the same grounds invalid. Consequently, the writ petition was allowed with no costs awarded. Case-Laws Income Tax Mon, 13 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234080