https://www.taxtmi.com/caselaws?id=244204 The court quashed the notice for reopening the assessment as it was based on the same material, constituting a mere change of opinion without additional justification. The court emphasized that reopening assessments should not rely on a mere change of opinion and must be supported by fresh and reliable information. The petition was allowed, and the rule was made absolute to quash the notice, highlighting the importance of valid reasons for reopening assessments under the Income Tax Act. en-us Tue, 11 Feb 2014 00:00:00 +0530 Sat, 27 May 2017 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244204 The court quashed the notice for reopening the assessment as it was based on the same material, constituting a mere change of opinion without additional justification. The court emphasized that reopening assessments should not rely on a mere change of opinion and must be supported by fresh and reliable information. The petition was allowed, and the rule was made absolute to quash the notice, highlighting the importance of valid reasons for reopening assessments under the Income Tax Act. Case-Laws Income Tax Tue, 11 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244204