https://www.taxtmi.com/caselaws?id=359421 The court dismissed the appeal, affirming that the reassessment proceedings were invalid as they were based on a change of opinion and initiated after four years without any failure on the part of the assessee to disclose material facts. The decision of the Appellate Commissioner and Tribunal was upheld, emphasizing the principle that reassessment cannot be justified by a mere change of opinion. en-us Tue, 27 Feb 2018 00:00:00 +0530 Mon, 30 Apr 2018 06:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359421 The court dismissed the appeal, affirming that the reassessment proceedings were invalid as they were based on a change of opinion and initiated after four years without any failure on the part of the assessee to disclose material facts. The decision of the Appellate Commissioner and Tribunal was upheld, emphasizing the principle that reassessment cannot be justified by a mere change of opinion. Case-Laws Income Tax Tue, 27 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359421