https://www.taxtmi.com/caselaws?id=421659 The High Court ruled in favor of the petitioner, finding that the re-opening of the assessment under Section 148 for A.Y. 2017-18 lacked valid reasons and was solely based on a change of opinion. The Court held that the issues raised for re-opening had already been considered during the original assessment proceedings and did not justify the reassessment. Consequently, the Court quashed the notice under Section 148, the order rejecting objections, and a subsequent notice under Section 143(2), thereby allowing the petitioner's petition. en-us Tue, 29 Mar 2022 00:00:00 +0530 Thu, 28 Apr 2022 09:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421659 The High Court ruled in favor of the petitioner, finding that the re-opening of the assessment under Section 148 for A.Y. 2017-18 lacked valid reasons and was solely based on a change of opinion. The Court held that the issues raised for re-opening had already been considered during the original assessment proceedings and did not justify the reassessment. Consequently, the Court quashed the notice under Section 148, the order rejecting objections, and a subsequent notice under Section 143(2), thereby allowing the petitioner's petition. Case-Laws Income Tax Tue, 29 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421659