https://www.taxtmi.com/caselaws?id=238893 The court held that the reopening of the assessment under Section 148 of the Income-tax Act was not justified as there was no failure to disclose material facts by the petitioner. The court found that the reopening was based on a change of opinion, which is impermissible. Consequently, the court set aside the notice initiating the reassessment and all related proceedings, including the order disposing of objections. The writ petition was allowed without costs. en-us Thu, 23 May 2013 00:00:00 +0530 Sat, 02 Nov 2013 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238893 The court held that the reopening of the assessment under Section 148 of the Income-tax Act was not justified as there was no failure to disclose material facts by the petitioner. The court found that the reopening was based on a change of opinion, which is impermissible. Consequently, the court set aside the notice initiating the reassessment and all related proceedings, including the order disposing of objections. The writ petition was allowed without costs. Case-Laws Income Tax Thu, 23 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238893