https://www.taxtmi.com/caselaws?id=250191 The court ruled in favor of the petitioner, setting aside the Additional Commissioner's order for reassessment and the consequent notice issued by the Deputy Commissioner. The court emphasized the importance of tangible material in decision-making to prevent arbitrary actions and ensure fair procedures. It highlighted the need for valid reasons, not just a change in opinion, to justify reassessment. The judgment underscored the principles of certainty and stability in tax administration, emphasizing adherence to legal principles and the protection of taxpayers' rights. en-us Mon, 26 May 2014 00:00:00 +0530 Sat, 19 Sep 2015 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250191 The court ruled in favor of the petitioner, setting aside the Additional Commissioner's order for reassessment and the consequent notice issued by the Deputy Commissioner. The court emphasized the importance of tangible material in decision-making to prevent arbitrary actions and ensure fair procedures. It highlighted the need for valid reasons, not just a change in opinion, to justify reassessment. The judgment underscored the principles of certainty and stability in tax administration, emphasizing adherence to legal principles and the protection of taxpayers' rights. Case-Laws VAT and Sales Tax Mon, 26 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250191