https://www.taxtmi.com/caselaws?id=246893 The court ruled in favor of the Petitioner, holding that the reassessment proceedings were invalid as they were based on a "change of opinion" and lacked any allegation of failure to disclose material facts. The notice issued under section 148 was quashed, and the rule was made absolute in terms of the prayer clauses of the writ petition. No costs were awarded. en-us Wed, 16 Apr 2014 00:00:00 +0530 Fri, 25 Apr 2014 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246893 The court ruled in favor of the Petitioner, holding that the reassessment proceedings were invalid as they were based on a "change of opinion" and lacked any allegation of failure to disclose material facts. The notice issued under section 148 was quashed, and the rule was made absolute in terms of the prayer clauses of the writ petition. No costs were awarded. Case-Laws Income Tax Wed, 16 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246893