https://www.taxtmi.com/caselaws?id=410113 The Court upheld the validity of the reopening proceedings under Section 147 of the Income Tax Act, 1961, ruling that the Assessing Officer had sufficient grounds to believe that the assessee had not fully disclosed all material facts. The Court found that the reopening was not merely a change of opinion and that the reasons provided were adequate. As a result, the writ petition was dismissed, and the connected miscellaneous petition was closed. en-us Wed, 23 Jun 2021 00:00:00 +0530 Sat, 24 Jul 2021 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410113 The Court upheld the validity of the reopening proceedings under Section 147 of the Income Tax Act, 1961, ruling that the Assessing Officer had sufficient grounds to believe that the assessee had not fully disclosed all material facts. The Court found that the reopening was not merely a change of opinion and that the reasons provided were adequate. As a result, the writ petition was dismissed, and the connected miscellaneous petition was closed. Case-Laws Income Tax Wed, 23 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410113