https://www.taxtmi.com/caselaws?id=411097 The High Court allowed the Writ Appeal, setting aside the order in the Writ Petition and quashing the reopening proceedings under Section 148 of the Income Tax Act, 1961. The Court found the reopening lacked new tangible material, constituting a clear case of change of opinion. The reassessment was deemed without jurisdiction and bad in law. Any Assessment Order passed was also quashed, with no costs awarded, and the connected miscellaneous petition was closed. en-us Mon, 09 Aug 2021 00:00:00 +0530 Fri, 22 Oct 2021 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411097 The High Court allowed the Writ Appeal, setting aside the order in the Writ Petition and quashing the reopening proceedings under Section 148 of the Income Tax Act, 1961. The Court found the reopening lacked new tangible material, constituting a clear case of change of opinion. The reassessment was deemed without jurisdiction and bad in law. Any Assessment Order passed was also quashed, with no costs awarded, and the connected miscellaneous petition was closed. Case-Laws Income Tax Mon, 09 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411097