https://www.taxtmi.com/caselaws?id=24116 The Andhra Pradesh High Court upheld the Income-tax Officer's power to reopen assessment orders, emphasizing the importance of disclosing all material facts and distinguishing between fundamental and primary facts. The court dismissed the writ petitions challenging the reopening of assessments, stating that the cases cited did not apply. The court discussed the concept of estoppel in law, highlighting that the admission of a fundamental fact cannot be withdrawn to initiate fresh litigation, and ultimately dismissed the petitions with costs. en-us Wed, 27 Jan 1988 00:00:00 +0530 Sat, 16 Jan 2010 17:10:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24116 The Andhra Pradesh High Court upheld the Income-tax Officer's power to reopen assessment orders, emphasizing the importance of disclosing all material facts and distinguishing between fundamental and primary facts. The court dismissed the writ petitions challenging the reopening of assessments, stating that the cases cited did not apply. The court discussed the concept of estoppel in law, highlighting that the admission of a fundamental fact cannot be withdrawn to initiate fresh litigation, and ultimately dismissed the petitions with costs. Case-Laws Income Tax Wed, 27 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24116