https://www.taxtmi.com/caselaws?id=426616 The Tribunal held that the reopening of the assessment under Section 147 of the Income Tax Act was invalid as it amounted to a change of opinion without any new material. Additionally, the addition of notional rental income under the head "House Property" was deemed unjustified as it was based on the same facts considered during the original assessment. Consequently, the appeal of the assessee was allowed, and the decision was pronounced on 29-07-2022. en-us Fri, 29 Jul 2022 00:00:00 +0530 Mon, 22 Aug 2022 08:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426616 The Tribunal held that the reopening of the assessment under Section 147 of the Income Tax Act was invalid as it amounted to a change of opinion without any new material. Additionally, the addition of notional rental income under the head "House Property" was deemed unjustified as it was based on the same facts considered during the original assessment. Consequently, the appeal of the assessee was allowed, and the decision was pronounced on 29-07-2022. Case-Laws Income Tax Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426616