https://www.taxtmi.com/caselaws?id=373700 The Court held that the notice to reopen the assessment was without jurisdiction as it was based on a change of opinion, which is impermissible. The Assessing Officer attempted to take a different view from the original assessment, which was deemed unjustified. Consequently, the Court quashed and set aside the notice dated 29th March, 2018, emphasizing the importance of adhering to statutory limitations for reopening assessments and prohibiting reassessment solely on a change of opinion. en-us Fri, 11 Jan 2019 00:00:00 +0530 Fri, 18 Jan 2019 08:10:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373700 The Court held that the notice to reopen the assessment was without jurisdiction as it was based on a change of opinion, which is impermissible. The Assessing Officer attempted to take a different view from the original assessment, which was deemed unjustified. Consequently, the Court quashed and set aside the notice dated 29th March, 2018, emphasizing the importance of adhering to statutory limitations for reopening assessments and prohibiting reassessment solely on a change of opinion. Case-Laws Income Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373700