https://www.taxtmi.com/highlights?id=59564 Reopening of assessment u/s 147 - Case of the petitioner is not falling within the proviso Clause (c) of explanation 2 to Section 147 of the Income Tax Act and the respondents could not able to establish that there was a failure on the part of the Assessee to disclose fully and truly all material facts and further, this Court could able to arrive a conclusion that the factual inference drawn is also change of opinion, the petitioner is entitled to succeed in the present case. - HC en-us Tue, 07 Sep 2021 08:07:40 +0530 Tue, 07 Sep 2021 08:07:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59564 Reopening of assessment u/s 147 - Case of the petitioner is not falling within the proviso Clause (c) of explanation 2 to Section 147 of the Income Tax Act and the respondents could not able to establish that there was a failure on the part of the Assessee to disclose fully and truly all material facts and further, this Court could able to arrive a conclusion that the factual inference drawn is also change of opinion, the petitioner is entitled to succeed in the present case. - HC Highlights Income Tax Tue, 07 Sep 2021 08:07:40 +0530 https://www.taxtmi.com/highlights?id=59564