https://www.taxtmi.com/caselaws?id=265718 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision on the validity of the assessment under section 147 and the reopening of the assessment beyond four years. The Tribunal held that the reopening of the assessment lacked jurisdiction as it was based on the same facts considered earlier without any fresh tangible material, deeming it a mere change of opinion. en-us Fri, 27 Jun 2014 00:00:00 +0530 Thu, 15 Oct 2015 06:20:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265718 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision on the validity of the assessment under section 147 and the reopening of the assessment beyond four years. The Tribunal held that the reopening of the assessment lacked jurisdiction as it was based on the same facts considered earlier without any fresh tangible material, deeming it a mere change of opinion. Case-Laws Income Tax Fri, 27 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265718