https://www.taxtmi.com/caselaws?id=388215 The Court dismissed the Appeal, emphasizing that re-opening the assessment on the same grounds amounts to a change of opinion and is without jurisdiction, as there was no fresh tangible material to justify such action. The Tribunal's decision was upheld, highlighting the importance of proper consideration by the Assessing Officer and the need for valid reasons beyond mere audit objections to re-open assessments. en-us Mon, 04 Nov 2019 00:00:00 +0530 Wed, 19 Aug 2020 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388215 The Court dismissed the Appeal, emphasizing that re-opening the assessment on the same grounds amounts to a change of opinion and is without jurisdiction, as there was no fresh tangible material to justify such action. The Tribunal's decision was upheld, highlighting the importance of proper consideration by the Assessing Officer and the need for valid reasons beyond mere audit objections to re-open assessments. Case-Laws Income Tax Mon, 04 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388215