https://www.taxtmi.com/caselaws?id=184117 The High Court dismissed the Revenue's appeals against the ITAT's order regarding the reopening of assessments for AY 2005-06 and AY 2004-05. The Court held that the reopening of the assessment for AY 2005-06 was impermissible as it was based on a change of opinion by the AO, and all relevant material had been disclosed during the initial assessment. For AY 2004-05, the Court found that the AO was essentially reviewing his earlier order by seeking to reopen the assessment, resulting in no substantial question of law. Consequently, the Court dismissed both appeals. en-us Fri, 08 Jan 2016 00:00:00 +0530 Wed, 29 Jun 2016 19:46:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184117 The High Court dismissed the Revenue's appeals against the ITAT's order regarding the reopening of assessments for AY 2005-06 and AY 2004-05. The Court held that the reopening of the assessment for AY 2005-06 was impermissible as it was based on a change of opinion by the AO, and all relevant material had been disclosed during the initial assessment. For AY 2004-05, the Court found that the AO was essentially reviewing his earlier order by seeking to reopen the assessment, resulting in no substantial question of law. Consequently, the Court dismissed both appeals. Case-Laws Income Tax Fri, 08 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184117