https://www.taxtmi.com/caselaws?id=405952 The court held that the reopening of the assessment was not justified as it was based on a change of opinion. The court quashed the notice issued under Section 148 and set aside the subsequent assessment order. It emphasized that the technical mistake by the auditor did not amount to a failure to disclose material facts, and the company had fully complied with the disclosure requirements during the original assessment. en-us Fri, 12 Mar 2021 00:00:00 +0530 Tue, 22 Feb 2022 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405952 The court held that the reopening of the assessment was not justified as it was based on a change of opinion. The court quashed the notice issued under Section 148 and set aside the subsequent assessment order. It emphasized that the technical mistake by the auditor did not amount to a failure to disclose material facts, and the company had fully complied with the disclosure requirements during the original assessment. Case-Laws Income Tax Fri, 12 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405952