https://www.taxtmi.com/caselaws?id=14462 The High Court of Delhi held that the Income-tax Officer did not have jurisdiction under section 147(b) of the Income-tax Act, 1961 to reopen the assessment. The court found that the subsequent assessment was without jurisdiction as the provisions of section 147 were not applicable. The court agreed with the findings of the Appellate Assistant Commissioner and the Tribunal that the assessee had disclosed all relevant aspects during the original assessment, and the subsequent proceedings were based on a mere change of opinion by the Assessing Officer. Consequently, the court ruled in favor of the assessee against the Revenue. en-us Tue, 26 Sep 2000 00:00:00 +0530 Thu, 16 Jul 2009 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14462 The High Court of Delhi held that the Income-tax Officer did not have jurisdiction under section 147(b) of the Income-tax Act, 1961 to reopen the assessment. The court found that the subsequent assessment was without jurisdiction as the provisions of section 147 were not applicable. The court agreed with the findings of the Appellate Assistant Commissioner and the Tribunal that the assessee had disclosed all relevant aspects during the original assessment, and the subsequent proceedings were based on a mere change of opinion by the Assessing Officer. Consequently, the court ruled in favor of the assessee against the Revenue. Case-Laws Income Tax Tue, 26 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14462