https://www.taxtmi.com/caselaws?id=405573 The High Court ruled in favor of the writ applicant, quashing the notice for reopening the assessment for A.Y. 2012-13 under Section 148 of the Income-Tax Act. The court found the reasons for reopening the assessment lacked justification, as the objections raised by the assessee were comprehensive and indicated a possible change of opinion rather than new information. The court concluded that the Assessing Officer's order did not properly address the objections, leading to the decision that the notice for reopening the assessment was not sustainable in law. en-us Wed, 17 Mar 2021 00:00:00 +0530 Tue, 23 Mar 2021 08:43:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405573 The High Court ruled in favor of the writ applicant, quashing the notice for reopening the assessment for A.Y. 2012-13 under Section 148 of the Income-Tax Act. The court found the reasons for reopening the assessment lacked justification, as the objections raised by the assessee were comprehensive and indicated a possible change of opinion rather than new information. The court concluded that the Assessing Officer's order did not properly address the objections, leading to the decision that the notice for reopening the assessment was not sustainable in law. Case-Laws Income Tax Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405573