https://www.taxtmi.com/caselaws?id=185969 The Court dismissed the appeal, upholding the Tribunal's decision that the reassessment under s. 147 r/w s. 148 of the IT Act for the relevant assessment year was not legal as it was based on a change of opinion. The Court found that all necessary details were already on record during the original assessment, and there was no failure on the part of the assessee in disclosing relevant information. Since the notice for reopening was issued after four years from the end of the assessment year, the Court held that no substantial question of law arose from the Tribunal's order. en-us Thu, 07 Aug 2008 00:00:00 +0530 Sat, 03 Sep 2016 17:19:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185969 The Court dismissed the appeal, upholding the Tribunal's decision that the reassessment under s. 147 r/w s. 148 of the IT Act for the relevant assessment year was not legal as it was based on a change of opinion. The Court found that all necessary details were already on record during the original assessment, and there was no failure on the part of the assessee in disclosing relevant information. Since the notice for reopening was issued after four years from the end of the assessment year, the Court held that no substantial question of law arose from the Tribunal's order. Case-Laws Income Tax Thu, 07 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185969