https://www.taxtmi.com/highlights?id=28085 Reopening of assessment - AO has no power to review; he has the power to re-assess. But re-assessment has to be based on fulfillment of certain pre-condition and if the concept of "change of opinion" is removed, as contended on behalf of the Department, then,in the garb of re-opening the assessment, review would take place - to reopen an assessment tangible material should be there - HC en-us Tue, 22 Mar 2016 11:07:07 +0530 Tue, 22 Mar 2016 11:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28085 Reopening of assessment - AO has no power to review; he has the power to re-assess. But re-assessment has to be based on fulfillment of certain pre-condition and if the concept of "change of opinion" is removed, as contended on behalf of the Department, then,in the garb of re-opening the assessment, review would take place - to reopen an assessment tangible material should be there - HC Highlights Income Tax Tue, 22 Mar 2016 11:07:07 +0530 https://www.taxtmi.com/highlights?id=28085