https://www.taxtmi.com/caselaws?id=350183 The court quashed the reassessment notices for AY 2010-11 and 2011-12, finding them invalid due to a "change of opinion" by the Assessing Officer (AO) without new material facts. The court held that the AO had already scrutinized and accepted the disallowance under Section 14A during the original assessments. The reassessment was deemed unwarranted, and the court allowed the writ petition without costs. en-us Wed, 25 Oct 2017 00:00:00 +0530 Wed, 01 Nov 2017 13:29:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350183 The court quashed the reassessment notices for AY 2010-11 and 2011-12, finding them invalid due to a "change of opinion" by the Assessing Officer (AO) without new material facts. The court held that the AO had already scrutinized and accepted the disallowance under Section 14A during the original assessments. The reassessment was deemed unwarranted, and the court allowed the writ petition without costs. Case-Laws Income Tax Wed, 25 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350183