https://www.taxtmi.com/caselaws?id=354640 The court quashed and set aside the notice issued under Section 148 of the Income Tax Act for reopening the assessment. It held that the reopening was based on a change of opinion, which is impermissible under the law. The petitioner had fully disclosed all material facts during the original assessment, and the deduction claim was thoroughly examined. As the reopening was beyond the permissible period of four years and not justified, the court allowed the petition. en-us Mon, 29 Jan 2018 00:00:00 +0530 Fri, 30 Mar 2018 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354640 The court quashed and set aside the notice issued under Section 148 of the Income Tax Act for reopening the assessment. It held that the reopening was based on a change of opinion, which is impermissible under the law. The petitioner had fully disclosed all material facts during the original assessment, and the deduction claim was thoroughly examined. As the reopening was beyond the permissible period of four years and not justified, the court allowed the petition. Case-Laws Income Tax Mon, 29 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354640