https://www.taxtmi.com/caselaws?id=355871 The court upheld the validity of the notice for reopening the assessment for the Assessment Year 2010-2011. It was determined that the Assessing Officer (AO) had independently applied his mind based on new information, not merely relying on the Investigation Wing. The reopening was deemed not a change of opinion as the AO had received specific details indicating income escapement. The court found that the petitioner had not fully and truly disclosed all material facts, supporting the AO's decision. The writ petition was dismissed, allowing further proceedings on the merits. en-us Mon, 12 Feb 2018 00:00:00 +0530 Tue, 16 Jun 2026 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355871 The court upheld the validity of the notice for reopening the assessment for the Assessment Year 2010-2011. It was determined that the Assessing Officer (AO) had independently applied his mind based on new information, not merely relying on the Investigation Wing. The reopening was deemed not a change of opinion as the AO had received specific details indicating income escapement. The court found that the petitioner had not fully and truly disclosed all material facts, supporting the AO's decision. The writ petition was dismissed, allowing further proceedings on the merits. Case-Laws Income Tax Mon, 12 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355871