https://www.taxtmi.com/caselaws?id=28821 The court ruled in favor of the petitioner, holding that the reopening of the assessment under Section 147(b) was invalid as it was based on the Revenue Audit's opinion, which did not constitute new information. Additionally, the rectification under Section 154 was not permissible as there was no mistake apparent from the record. The court made the rule absolute with no order as to costs. en-us Thu, 11 Feb 1982 00:00:00 +0530 Fri, 26 Feb 2010 11:31:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28821 The court ruled in favor of the petitioner, holding that the reopening of the assessment under Section 147(b) was invalid as it was based on the Revenue Audit's opinion, which did not constitute new information. Additionally, the rectification under Section 154 was not permissible as there was no mistake apparent from the record. The court made the rule absolute with no order as to costs. Case-Laws Income Tax Thu, 11 Feb 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28821