https://www.taxtmi.com/highlights?id=60825 Reopening of assessment u/s 147 - Notice after the expiry of period of four years - Admissibility of deduction u/s 80I - The issue was already considered by the AO - In our view, the exercise to reopen a validly framed assessment is merely on the basis of change of opinion by succeeding Assessing Officer and such a mere change of opinion cannot justify the exercise of jurisdiction under Section 148. - HC en-us Tue, 07 Dec 2021 09:18:53 +0530 Tue, 07 Dec 2021 09:18:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=60825 Reopening of assessment u/s 147 - Notice after the expiry of period of four years - Admissibility of deduction u/s 80I - The issue was already considered by the AO - In our view, the exercise to reopen a validly framed assessment is merely on the basis of change of opinion by succeeding Assessing Officer and such a mere change of opinion cannot justify the exercise of jurisdiction under Section 148. - HC Highlights Income Tax Tue, 07 Dec 2021 09:18:53 +0530 https://www.taxtmi.com/highlights?id=60825