https://www.taxtmi.com/caselaws?id=17155 Reopening of an estate duty assessment based only on an audit objection was invalid because no fresh factual material had been received by the assessing authority. The High Court treated the attempted reassessment as a mere change of opinion on the same material, and held that an internal audit party's view on a point of law is not "information" for reopening purposes. In the absence of any new information or statutory basis to compel reopening in that manner, the reassessment was quashed and the challenge succeeded against the Revenue. en-us Fri, 29 Nov 1996 00:00:00 +0530 Tue, 15 Sep 2009 14:18:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17155 Reopening of an estate duty assessment based only on an audit objection was invalid because no fresh factual material had been received by the assessing authority. The High Court treated the attempted reassessment as a mere change of opinion on the same material, and held that an internal audit party's view on a point of law is not "information" for reopening purposes. In the absence of any new information or statutory basis to compel reopening in that manner, the reassessment was quashed and the challenge succeeded against the Revenue. Case-Laws Income Tax Fri, 29 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17155