https://www.taxtmi.com/caselaws?id=405954 The court held that the notices issued under Section 148 of the Income Tax Act for reopening assessments were without legal authority, based on a mere change of opinion by the assessing officer. The court quashed the notices and allowed the writ applications filed by the assessee, finding no justification for the reassessment. The assessing officer's reasons were deemed impermissible under the law, as they did not indicate any income escaping assessment. en-us Wed, 17 Mar 2021 00:00:00 +0530 Fri, 02 Apr 2021 09:14:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405954 The court held that the notices issued under Section 148 of the Income Tax Act for reopening assessments were without legal authority, based on a mere change of opinion by the assessing officer. The court quashed the notices and allowed the writ applications filed by the assessee, finding no justification for the reassessment. The assessing officer's reasons were deemed impermissible under the law, as they did not indicate any income escaping assessment. Case-Laws Income Tax Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405954