https://www.taxtmi.com/caselaws?id=383052 The court held that the reopening of the assessment under Section 148 of the Income Tax Act was invalid as the Assessing Officer's jurisdiction was deemed improper. The notice issued for reopening the assessment was quashed and set aside, concluding that there was no failure on the petitioner's part to disclose material facts necessary for the assessment. The court found that the Assessing Officer's actions were based on a mere change of opinion, and the petitioner had adequately disclosed all relevant information during the original assessment. en-us Mon, 29 Apr 2019 00:00:00 +0530 Mon, 31 Aug 2020 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383052 The court held that the reopening of the assessment under Section 148 of the Income Tax Act was invalid as the Assessing Officer's jurisdiction was deemed improper. The notice issued for reopening the assessment was quashed and set aside, concluding that there was no failure on the petitioner's part to disclose material facts necessary for the assessment. The court found that the Assessing Officer's actions were based on a mere change of opinion, and the petitioner had adequately disclosed all relevant information during the original assessment. Case-Laws Income Tax Mon, 29 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383052