https://www.taxtmi.com/caselaws?id=327643 The Tribunal held that the reassessment was not justified as it was based on a change of opinion and retrospective amendments. The original assessment had considered all necessary facts, and there was no failure to disclose material facts by the assessee. Consequently, the Tribunal allowed the appeal, setting aside the reassessment and related adjustments. en-us Fri, 22 Apr 2016 00:00:00 +0530 Mon, 16 May 2016 09:59:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327643 The Tribunal held that the reassessment was not justified as it was based on a change of opinion and retrospective amendments. The original assessment had considered all necessary facts, and there was no failure to disclose material facts by the assessee. Consequently, the Tribunal allowed the appeal, setting aside the reassessment and related adjustments. Case-Laws Income Tax Fri, 22 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327643