https://www.taxtmi.com/caselaws?id=345898 The Court allowed the writ petition, quashing the impugned notice and order. It held that the reopening of the assessment did not meet the legal requirements under Sections 147/148 of the Income Tax Act, 1961. The Court emphasized that there was no failure by the Petitioner to disclose all material facts necessary for assessment and that reopening based on a mere change of opinion is impermissible. en-us Mon, 24 Jul 2017 00:00:00 +0530 Thu, 19 Jul 2018 06:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345898 The Court allowed the writ petition, quashing the impugned notice and order. It held that the reopening of the assessment did not meet the legal requirements under Sections 147/148 of the Income Tax Act, 1961. The Court emphasized that there was no failure by the Petitioner to disclose all material facts necessary for assessment and that reopening based on a mere change of opinion is impermissible. Case-Laws Income Tax Mon, 24 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345898