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    <title>2015 (7) TMI 1129 - BOMBAY HIGH COURT</title>
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    <description>The Court granted an interim stay in favor of the Petitioner in a challenge to a reopening notice under Section 148 of the Income Tax Act, 1961 for Assessment Year 2009-10. The Court raised doubts about the applicability of the 2008 Scheme to the Petitioner, noting discrepancies in the application of rules. The Court also considered the issue of rental income, which had been previously addressed, potentially constituting a change of opinion. The lack of specific addressing of objections by the Assessing Officer supported the validity of the reopening at that stage.</description>
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      <description>The Court granted an interim stay in favor of the Petitioner in a challenge to a reopening notice under Section 148 of the Income Tax Act, 1961 for Assessment Year 2009-10. The Court raised doubts about the applicability of the 2008 Scheme to the Petitioner, noting discrepancies in the application of rules. The Court also considered the issue of rental income, which had been previously addressed, potentially constituting a change of opinion. The lack of specific addressing of objections by the Assessing Officer supported the validity of the reopening at that stage.</description>
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      <pubDate>Thu, 02 Jul 2015 00:00:00 +0530</pubDate>
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