https://www.taxtmi.com/caselaws?id=372578 The court set aside the notice for reopening the assessment as it was deemed invalid due to being based on a mere change of opinion without any new material. The court found that the interest income had been scrutinized during the original assessment, and there was no justification for the reopening. The petitioner's challenge to the notice was upheld, and the court disposed of the petition accordingly. en-us Thu, 20 Dec 2018 00:00:00 +0530 Thu, 27 Feb 2020 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372578 The court set aside the notice for reopening the assessment as it was deemed invalid due to being based on a mere change of opinion without any new material. The court found that the interest income had been scrutinized during the original assessment, and there was no justification for the reopening. The petitioner's challenge to the notice was upheld, and the court disposed of the petition accordingly. Case-Laws Income Tax Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372578