https://www.taxtmi.com/caselaws?id=271900 The appeal was dismissed, and the reopening notice dated 30th March 2010 was held to be without jurisdiction. The Tribunal concluded that the conditions for reopening the assessment beyond four years were not satisfied, and the reopening was based on a change of opinion. There was no failure on the Assessee's part to disclose all material facts, and the Assessing Officer did not have an independent reason to believe that income had escaped assessment. en-us Mon, 01 Feb 2016 00:00:00 +0530 Mon, 02 May 2016 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271900 The appeal was dismissed, and the reopening notice dated 30th March 2010 was held to be without jurisdiction. The Tribunal concluded that the conditions for reopening the assessment beyond four years were not satisfied, and the reopening was based on a change of opinion. There was no failure on the Assessee's part to disclose all material facts, and the Assessing Officer did not have an independent reason to believe that income had escaped assessment. Case-Laws Income Tax Mon, 01 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271900