https://www.taxtmi.com/caselaws?id=276418 The court held that the reopening of assessments for the years 1949-50 to 1952-53 under section 34(1)(b) was not justified as there was no new information that came into the possession of the Income-tax Officer. The Tribunal's observations were based on the same facts already available during the original assessments, representing a mere change of opinion. Consequently, the court did not address the second issue regarding the admissibility of the commission paid to Mr. B. M. Desai. The Commissioner was ordered to pay the costs to the assessee. en-us Thu, 13 Sep 1962 00:00:00 +0530 Sat, 10 Nov 2018 12:53:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276418 The court held that the reopening of assessments for the years 1949-50 to 1952-53 under section 34(1)(b) was not justified as there was no new information that came into the possession of the Income-tax Officer. The Tribunal's observations were based on the same facts already available during the original assessments, representing a mere change of opinion. Consequently, the court did not address the second issue regarding the admissibility of the commission paid to Mr. B. M. Desai. The Commissioner was ordered to pay the costs to the assessee. Case-Laws Income Tax Thu, 13 Sep 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276418