https://www.taxtmi.com/caselaws?id=415032 The Court quashed and set aside the notice issued under Section 148 of the Income Tax Act, 1961, for Assessment year 2013-2014, as it was deemed a change of opinion rather than the discovery of new undisclosed material facts. The Court found that the reasons provided for reopening the assessment were an attempt to circumvent legal restrictions, leading to the decision in favor of the petitioner, invalidating the notice and any subsequent demands based on it. en-us Thu, 18 Nov 2021 00:00:00 +0530 Wed, 24 Nov 2021 06:15:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415032 The Court quashed and set aside the notice issued under Section 148 of the Income Tax Act, 1961, for Assessment year 2013-2014, as it was deemed a change of opinion rather than the discovery of new undisclosed material facts. The Court found that the reasons provided for reopening the assessment were an attempt to circumvent legal restrictions, leading to the decision in favor of the petitioner, invalidating the notice and any subsequent demands based on it. Case-Laws Income Tax Thu, 18 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415032