https://www.taxtmi.com/caselaws?id=23054 A communication from the Inspecting Assistant Commissioner that merely points out alleged errors in an assessment order does not amount to "information" for reopening under section 147(b) of the Income-tax Act, 1961. The internal remark was only an opinion on the correctness of the original computation and did not disclose any fresh or correct legal position brought to the Income-tax Officer's notice. Reassessment could not be sustained on that basis, and reopening on such material was held invalid in favour of the assessee. en-us Wed, 12 Sep 1990 00:00:00 +0530 Wed, 16 Dec 2009 13:34:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23054 A communication from the Inspecting Assistant Commissioner that merely points out alleged errors in an assessment order does not amount to "information" for reopening under section 147(b) of the Income-tax Act, 1961. The internal remark was only an opinion on the correctness of the original computation and did not disclose any fresh or correct legal position brought to the Income-tax Officer's notice. Reassessment could not be sustained on that basis, and reopening on such material was held invalid in favour of the assessee. Case-Laws Income Tax Wed, 12 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23054