https://www.taxtmi.com/caselaws?id=359877 The court dismissed the writ petitions challenging the reopening of assessments under Sections 147 and 148 of the Income Tax Act for the years 2010-2011 to 2013-2014. The court held that the reassessment was justified as it was not solely based on a change of opinion but on the non-disclosure of material facts, specifically the absence of Form No. 3CM necessary for claiming deductions under Section 35(2AB). The court deferred the determination of the validity of deductions to the assessing officer during reassessment, emphasizing the importance of complying with statutory requirements. en-us Thu, 26 Apr 2018 00:00:00 +0530 Sat, 05 May 2018 08:43:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359877 The court dismissed the writ petitions challenging the reopening of assessments under Sections 147 and 148 of the Income Tax Act for the years 2010-2011 to 2013-2014. The court held that the reassessment was justified as it was not solely based on a change of opinion but on the non-disclosure of material facts, specifically the absence of Form No. 3CM necessary for claiming deductions under Section 35(2AB). The court deferred the determination of the validity of deductions to the assessing officer during reassessment, emphasizing the importance of complying with statutory requirements. Case-Laws Income Tax Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359877