https://www.taxtmi.com/caselaws?id=331857 The court dismissed the petition challenging the notice for reopening the assessment for the assessment year 2009-10, holding that the Assessing Officer had sufficient reasons to believe that income chargeable to tax had escaped assessment. The court emphasized that in cases processed under Section 143(1) without scrutiny, the principle of "change of opinion" does not apply. The Assessing Officer's belief based on received information was deemed valid, and the petitioner was directed to address legal contentions during reassessment proceedings. en-us Mon, 29 Aug 2016 00:00:00 +0530 Sat, 03 Sep 2016 09:04:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331857 The court dismissed the petition challenging the notice for reopening the assessment for the assessment year 2009-10, holding that the Assessing Officer had sufficient reasons to believe that income chargeable to tax had escaped assessment. The court emphasized that in cases processed under Section 143(1) without scrutiny, the principle of "change of opinion" does not apply. The Assessing Officer's belief based on received information was deemed valid, and the petitioner was directed to address legal contentions during reassessment proceedings. Case-Laws Income Tax Mon, 29 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331857