https://www.taxtmi.com/caselaws?id=387069 The court stayed the notice issued under Section 148 of the Income Tax Act for Assessment Year 2012-13, citing concerns over jurisdiction due to a potential change of opinion and lack of full disclosure during the regular assessment. The decision was influenced by a previous case where a similar notice was challenged successfully, indicating a trend against such re-openings. The stay order reflects the court's careful consideration of the petitioner's arguments and the need for a comprehensive review before proceeding with the reassessment. en-us Wed, 09 Oct 2019 00:00:00 +0530 Wed, 16 Oct 2019 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387069 The court stayed the notice issued under Section 148 of the Income Tax Act for Assessment Year 2012-13, citing concerns over jurisdiction due to a potential change of opinion and lack of full disclosure during the regular assessment. The decision was influenced by a previous case where a similar notice was challenged successfully, indicating a trend against such re-openings. The stay order reflects the court's careful consideration of the petitioner's arguments and the need for a comprehensive review before proceeding with the reassessment. Case-Laws Income Tax Wed, 09 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387069