https://www.taxtmi.com/caselaws?id=421355 The High Court upheld the reopening of assessment under Section 147 of the Income Tax Act for the assessment year 2014-15, dismissing the appellant's challenge on grounds of change of opinion and lack of jurisdiction. The Court emphasized the lack of conclusive determination by the respondent for reassessment, granting the appellant the opportunity to provide explanations and participate in the reassessment proceedings. The legality of the reopening was defended based on disallowances identified in records, with the Court affirming the respondent's actions and dismissing the writ appeal. en-us Fri, 01 Apr 2022 00:00:00 +0530 Thu, 21 Apr 2022 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421355 The High Court upheld the reopening of assessment under Section 147 of the Income Tax Act for the assessment year 2014-15, dismissing the appellant's challenge on grounds of change of opinion and lack of jurisdiction. The Court emphasized the lack of conclusive determination by the respondent for reassessment, granting the appellant the opportunity to provide explanations and participate in the reassessment proceedings. The legality of the reopening was defended based on disallowances identified in records, with the Court affirming the respondent's actions and dismissing the writ appeal. Case-Laws Income Tax Fri, 01 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421355