https://www.taxtmi.com/caselaws?id=342045 The court ruled in favor of the petitioner, declaring the notice under Section 148 of the Income-tax Act and the reopening of the assessment for A.Y 2010-2011 as unjustified. The court held that the reassessment was solely based on a change of opinion by a subsequent officer, which is impermissible under legal principles. Consequently, the court quashed the notice and set aside the reopening of the assessment, stating it was not a valid ground for reassessment. No costs were imposed on the petitioner. en-us Thu, 20 Apr 2017 00:00:00 +0530 Mon, 24 Apr 2017 07:24:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342045 The court ruled in favor of the petitioner, declaring the notice under Section 148 of the Income-tax Act and the reopening of the assessment for A.Y 2010-2011 as unjustified. The court held that the reassessment was solely based on a change of opinion by a subsequent officer, which is impermissible under legal principles. Consequently, the court quashed the notice and set aside the reopening of the assessment, stating it was not a valid ground for reassessment. No costs were imposed on the petitioner. Case-Laws Income Tax Thu, 20 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342045