https://www.taxtmi.com/article/detailed?id=1559 Limitation and calibration of post-assessment proceedings is necessary to curb unproductive litigation. Where an assessing officer has taken a reasonable and possible view after examination, rectification, revision or reassessment should not be initiated merely due to a change of opinion; reopening is improper absent an apparent mistake or escapement of income. Monetary thresholds and mandatory opportunities for assessees to respond to audit objections are proposed to ensure proportionality and prevent harassment. en-us Tue, 03 Jan 2012 21:09:47 +0530 Fri, 22 Aug 2025 23:20:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1559 Limitation and calibration of post-assessment proceedings is necessary to curb unproductive litigation. Where an assessing officer has taken a reasonable and possible view after examination, rectification, revision or reassessment should not be initiated merely due to a change of opinion; reopening is improper absent an apparent mistake or escapement of income. Monetary thresholds and mandatory opportunities for assessees to respond to audit objections are proposed to ensure proportionality and prevent harassment. Articles Income Tax Tue, 03 Jan 2012 21:09:47 +0530 https://www.taxtmi.com/article/detailed?id=1559