https://www.taxtmi.com/caselaws?id=387966 The court granted ad interim relief to the petitioner by restraining further proceedings based on the impugned notice for reopening the assessment under section 147 of the Income Tax Act. The court found that the reasons recorded for reopening the assessment beyond the four-year period lacked validity, as there was no indication of non-disclosure of material facts. The court also noted that the issues raised had already been examined during the scrutiny assessment, and the attempt to reopen the assessment seemed like a change of opinion rather than a valid reason under section 147. en-us Tue, 22 Oct 2019 00:00:00 +0530 Tue, 05 Nov 2019 15:46:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387966 The court granted ad interim relief to the petitioner by restraining further proceedings based on the impugned notice for reopening the assessment under section 147 of the Income Tax Act. The court found that the reasons recorded for reopening the assessment beyond the four-year period lacked validity, as there was no indication of non-disclosure of material facts. The court also noted that the issues raised had already been examined during the scrutiny assessment, and the attempt to reopen the assessment seemed like a change of opinion rather than a valid reason under section 147. Case-Laws Income Tax Tue, 22 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387966