https://www.taxtmi.com/caselaws?id=419747 The High Court ruled in favor of the petitioner, finding the Assessing Officer's reasons for reopening the assessment lacking evidence of non-disclosure of material facts. The Court held that the reassessment based on the same facts previously considered was impermissible, dismissing the attempt to reopen based on a change of opinion. The Court emphasized that the assessment need not explicitly address all issues raised during proceedings if addressed by the assessee. Consequently, the Court quashed the notice and rejection order, concluding the petition in favor of the petitioner. en-us Fri, 11 Mar 2022 00:00:00 +0530 Sat, 19 Mar 2022 07:37:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419747 The High Court ruled in favor of the petitioner, finding the Assessing Officer's reasons for reopening the assessment lacking evidence of non-disclosure of material facts. The Court held that the reassessment based on the same facts previously considered was impermissible, dismissing the attempt to reopen based on a change of opinion. The Court emphasized that the assessment need not explicitly address all issues raised during proceedings if addressed by the assessee. Consequently, the Court quashed the notice and rejection order, concluding the petition in favor of the petitioner. Case-Laws Income Tax Fri, 11 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419747