https://www.taxtmi.com/caselaws?id=278450 The Tribunal upheld the Ld. CIT(A)'s decision to quash the reopening of assessment under section 147 by the Revenue. It was found that the AO's action in reopening the assessment based on the same facts was impermissible as it amounted to a change of opinion. The Tribunal emphasized the prohibition against such reopening and dismissed the Revenue's appeal, aligning with past decisions and legal principles, including the Supreme Court's ruling in the Kelvinator case. en-us Thu, 10 Sep 2015 00:00:00 +0530 Mon, 04 Feb 2019 06:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278450 The Tribunal upheld the Ld. CIT(A)'s decision to quash the reopening of assessment under section 147 by the Revenue. It was found that the AO's action in reopening the assessment based on the same facts was impermissible as it amounted to a change of opinion. The Tribunal emphasized the prohibition against such reopening and dismissed the Revenue's appeal, aligning with past decisions and legal principles, including the Supreme Court's ruling in the Kelvinator case. Case-Laws Income Tax Thu, 10 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278450