https://www.taxtmi.com/caselaws?id=325550 The Tribunal held that the initiation of reassessment proceedings was invalid as the assessing officer did not allege any failure on the part of the assessee to disclose all material facts necessary for assessment and the reassessment was based on a mere change of opinion without any new material. The High Court affirmed the Tribunal's decision, stating that no substantial legal questions arose, and dismissed the appeal. en-us Tue, 16 Feb 2016 00:00:00 +0530 Tue, 22 Mar 2016 00:55:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325550 The Tribunal held that the initiation of reassessment proceedings was invalid as the assessing officer did not allege any failure on the part of the assessee to disclose all material facts necessary for assessment and the reassessment was based on a mere change of opinion without any new material. The High Court affirmed the Tribunal's decision, stating that no substantial legal questions arose, and dismissed the appeal. Case-Laws Income Tax Tue, 16 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325550