https://www.taxtmi.com/caselaws?id=407241 The court held that the notice for reopening the assessment beyond four years could not be sustained as the conditions specified under the proviso to Section 147 of the Income Tax Act were not fulfilled. The court quashed the notice, emphasizing that reopening based on a mere change of opinion is impermissible. The writ application was allowed, and the challenged notice was annulled. en-us Wed, 24 Mar 2021 00:00:00 +0530 Tue, 04 May 2021 08:53:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407241 The court held that the notice for reopening the assessment beyond four years could not be sustained as the conditions specified under the proviso to Section 147 of the Income Tax Act were not fulfilled. The court quashed the notice, emphasizing that reopening based on a mere change of opinion is impermissible. The writ application was allowed, and the challenged notice was annulled. Case-Laws Income Tax Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407241