https://www.taxtmi.com/caselaws?id=28632 Gift-tax reassessment under section 16(1) was held impermissible where the disputed transfers and exemption claims had already been placed before the officer in the original assessments. Because the officer had considered those materials earlier, the case did not show suppression of material facts or escapement based on fresh information, and reopening could not rest on a mere change of opinion. The statutory preconditions for jurisdiction were therefore not met, so the reassessment notices were without jurisdiction and were quashed. en-us Wed, 24 Nov 1982 00:00:00 +0530 Wed, 24 Feb 2010 14:55:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28632 Gift-tax reassessment under section 16(1) was held impermissible where the disputed transfers and exemption claims had already been placed before the officer in the original assessments. Because the officer had considered those materials earlier, the case did not show suppression of material facts or escapement based on fresh information, and reopening could not rest on a mere change of opinion. The statutory preconditions for jurisdiction were therefore not met, so the reassessment notices were without jurisdiction and were quashed. Case-Laws Income Tax Wed, 24 Nov 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28632