https://www.taxtmi.com/caselaws?id=329916 The court dismissed the appeals, upholding the Tribunal's decision that the reassessment proceedings were invalid as they were based on a mere change of opinion. The court emphasized that an assessment cannot be reopened on such grounds, as established by the Supreme Court. The appeals were found to be devoid of merit and were accordingly dismissed. en-us Fri, 01 Apr 2016 00:00:00 +0530 Mon, 11 Jul 2016 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329916 The court dismissed the appeals, upholding the Tribunal's decision that the reassessment proceedings were invalid as they were based on a mere change of opinion. The court emphasized that an assessment cannot be reopened on such grounds, as established by the Supreme Court. The appeals were found to be devoid of merit and were accordingly dismissed. Case-Laws Income Tax Fri, 01 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329916