https://www.taxtmi.com/caselaws?id=391886 The High Court addressed the validity of a notice under Section 148 of the Income Tax Act 1961 based on cash payments made by the assessee. The court rejected the revenue's argument that invoking Section 148(1) constituted a change of opinion, emphasizing that once an issue and evidence are presented to an authority, ignoring it precludes later reopening on that ground. The court upheld the decisions of the Commissioner and Tribunal, dismissing the revenue's appeal. en-us Tue, 28 Jan 2020 00:00:00 +0530 Sat, 08 Feb 2020 17:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391886 The High Court addressed the validity of a notice under Section 148 of the Income Tax Act 1961 based on cash payments made by the assessee. The court rejected the revenue's argument that invoking Section 148(1) constituted a change of opinion, emphasizing that once an issue and evidence are presented to an authority, ignoring it precludes later reopening on that ground. The court upheld the decisions of the Commissioner and Tribunal, dismissing the revenue's appeal. Case-Laws Income Tax Tue, 28 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391886