https://www.taxtmi.com/caselaws?id=242586 The High Court held that the assessing officer was not justified in reopening the assessment after the expiry of the limitation period as there was no indication of any escaped assessment due to the assessee's fault. The Court emphasized that subsequent amendments or interpretations of the law cannot be used as grounds to reopen assessments completed under Section 143(3) beyond the four-year limit. Therefore, the questions of law raised by the Revenue were deemed irrelevant in this appeal, leading to the dismissal of the appeal. en-us Tue, 22 Oct 2013 00:00:00 +0530 Sat, 18 Jan 2014 10:37:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242586 The High Court held that the assessing officer was not justified in reopening the assessment after the expiry of the limitation period as there was no indication of any escaped assessment due to the assessee's fault. The Court emphasized that subsequent amendments or interpretations of the law cannot be used as grounds to reopen assessments completed under Section 143(3) beyond the four-year limit. Therefore, the questions of law raised by the Revenue were deemed irrelevant in this appeal, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 22 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242586