https://www.taxtmi.com/caselaws?id=417429 The Tribunal allowed the appeal, quashing the reopening of the assessment under Section 147 of the Income Tax Act. The reassessment was deemed invalid due to being beyond the time limit, based on a change of opinion without fresh material, and lack of full disclosure by the assessee. The original assessment was considered sufficient, and the reassessment order was held to be time-barred. The appeal of the assessee was fully allowed. en-us Fri, 21 Jan 2022 00:00:00 +0530 Sat, 22 Jan 2022 08:50:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417429 The Tribunal allowed the appeal, quashing the reopening of the assessment under Section 147 of the Income Tax Act. The reassessment was deemed invalid due to being beyond the time limit, based on a change of opinion without fresh material, and lack of full disclosure by the assessee. The original assessment was considered sufficient, and the reassessment order was held to be time-barred. The appeal of the assessee was fully allowed. Case-Laws Income Tax Fri, 21 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417429