https://www.taxtmi.com/caselaws?id=336359 The court ruled in favor of the petitioner, quashing the notice to reopen the assessment for the Assessment Year 2010-11. The court found that the conditions for reopening beyond four years were not met, as there was no failure to disclose material facts by the assessee, and the reasons for reopening appeared to be a mere change of opinion by the Assessing Officer, which was not a valid ground under Section 147 of the Income Tax Act. en-us Tue, 29 Nov 2016 00:00:00 +0530 Tue, 20 Dec 2016 10:11:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336359 The court ruled in favor of the petitioner, quashing the notice to reopen the assessment for the Assessment Year 2010-11. The court found that the conditions for reopening beyond four years were not met, as there was no failure to disclose material facts by the assessee, and the reasons for reopening appeared to be a mere change of opinion by the Assessing Officer, which was not a valid ground under Section 147 of the Income Tax Act. Case-Laws Income Tax Tue, 29 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336359