https://www.taxtmi.com/caselaws?id=189042 The court ruled in favor of the petitioner, emphasizing that the notice issued under section 148 of the Income Tax Act for the assessment year 2008-2009 was invalid. It noted that the reasons for reopening the assessment were not new and had already been considered in previous appeals. The court highlighted the importance of due diligence in assessment procedures and stated that assessments cannot be reopened solely based on a change of opinion. An interim order was granted in favor of the petitioner until the final disposal of the writ application, with further proceedings scheduled for a later date. en-us Mon, 15 Sep 2014 00:00:00 +0530 Mon, 26 Dec 2016 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189042 The court ruled in favor of the petitioner, emphasizing that the notice issued under section 148 of the Income Tax Act for the assessment year 2008-2009 was invalid. It noted that the reasons for reopening the assessment were not new and had already been considered in previous appeals. The court highlighted the importance of due diligence in assessment procedures and stated that assessments cannot be reopened solely based on a change of opinion. An interim order was granted in favor of the petitioner until the final disposal of the writ application, with further proceedings scheduled for a later date. Case-Laws Income Tax Mon, 15 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189042