https://www.taxtmi.com/caselaws?id=330837 The court ruled in favor of the petitioner, setting aside the notice to reopen the assessment for the assessment year 2010-11. The court emphasized that the Assessing Officer's reasons for reopening the assessment were solely based on the deduction claim under section 54EC, which had already been scrutinized during the original assessment. Any attempt to revisit the issue would constitute a mere change of opinion, deemed impermissible. The court highlighted that the original assessment had adequately addressed the issues, leading to the dismissal of the Assessing Officer's attempt to reopen the assessment. en-us Wed, 27 Jul 2016 00:00:00 +0530 Sat, 06 Aug 2016 13:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330837 The court ruled in favor of the petitioner, setting aside the notice to reopen the assessment for the assessment year 2010-11. The court emphasized that the Assessing Officer's reasons for reopening the assessment were solely based on the deduction claim under section 54EC, which had already been scrutinized during the original assessment. Any attempt to revisit the issue would constitute a mere change of opinion, deemed impermissible. The court highlighted that the original assessment had adequately addressed the issues, leading to the dismissal of the Assessing Officer's attempt to reopen the assessment. Case-Laws Income Tax Wed, 27 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330837