https://www.taxtmi.com/caselaws?id=235294 The court allowed the petition, quashing the notice dated 21.3.2012, as the reopening of assessment under Section 147 of the Income Tax Act was deemed impermissible due to being based on a change of opinion. The court emphasized that once a claim is scrutinized and accepted, reopening the assessment on grounds not previously considered by the Assessing Officer is invalid, citing relevant case law to support its decision. en-us Tue, 30 Apr 2013 00:00:00 +0530 Thu, 18 Jul 2013 07:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235294 The court allowed the petition, quashing the notice dated 21.3.2012, as the reopening of assessment under Section 147 of the Income Tax Act was deemed impermissible due to being based on a change of opinion. The court emphasized that once a claim is scrutinized and accepted, reopening the assessment on grounds not previously considered by the Assessing Officer is invalid, citing relevant case law to support its decision. Case-Laws Income Tax Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235294