https://www.taxtmi.com/caselaws?id=179519 The Tax Case Appeal was dismissed as the Court held that the assessing officer could not reopen the assessment after the specified time limit of four years from the end of the relevant assessment year, as the assessee had fully disclosed all material facts initially and there was no failure on their part. The Court emphasized that a change of opinion regarding deductions being excessive does not empower the assessing officer to reopen the assessment in such circumstances. en-us Mon, 27 Nov 2006 00:00:00 +0530 Thu, 03 Mar 2016 14:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179519 The Tax Case Appeal was dismissed as the Court held that the assessing officer could not reopen the assessment after the specified time limit of four years from the end of the relevant assessment year, as the assessee had fully disclosed all material facts initially and there was no failure on their part. The Court emphasized that a change of opinion regarding deductions being excessive does not empower the assessing officer to reopen the assessment in such circumstances. Case-Laws Income Tax Mon, 27 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179519