https://www.taxtmi.com/caselaws?id=347912 The court set aside the notice under Section 148 of the Income Tax Act, 1961, and the order for reopening the assessment year 1999-2000, ruling that the reasons provided did not involve new material but a mere change of opinion by the assessing officer. The court found the reopening unjustified due to lack of new tangible material, potential conflicts in decisions with pending appeals, and inadequate disclosure of material facts by the assessee. Consequently, the court concluded that the assessing officer lacked jurisdiction to reopen the assessment and intervened, disposing of the writ petition without costs. en-us Wed, 06 Sep 2017 00:00:00 +0530 Wed, 13 Sep 2017 08:20:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347912 The court set aside the notice under Section 148 of the Income Tax Act, 1961, and the order for reopening the assessment year 1999-2000, ruling that the reasons provided did not involve new material but a mere change of opinion by the assessing officer. The court found the reopening unjustified due to lack of new tangible material, potential conflicts in decisions with pending appeals, and inadequate disclosure of material facts by the assessee. Consequently, the court concluded that the assessing officer lacked jurisdiction to reopen the assessment and intervened, disposing of the writ petition without costs. Case-Laws Income Tax Wed, 06 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347912