https://www.taxtmi.com/caselaws?id=269681 The High Court held that the reopening of the assessment under Sections 147/148 of the Income Tax Act was unjustified as it was based on a change of opinion without new material. The Court set aside the orders of the ITAT, CIT (A), and AO, and allowed the appeal in favor of the Assessee, with no order as to costs. en-us Mon, 14 Dec 2015 00:00:00 +0530 Thu, 17 Dec 2015 23:52:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269681 The High Court held that the reopening of the assessment under Sections 147/148 of the Income Tax Act was unjustified as it was based on a change of opinion without new material. The Court set aside the orders of the ITAT, CIT (A), and AO, and allowed the appeal in favor of the Assessee, with no order as to costs. Case-Laws Income Tax Mon, 14 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269681