https://www.taxtmi.com/highlights?id=67199 Reopening of Assessment u/s 147 - change of opinion - By change of opinion holding that reduction towards reversal on account of cancellation and price revision and deducting the same from the profit and loss account was irregular thereby having reason to believe that taxable income had escaped assessment, the concluded assessment could not have been reopened. - HC en-us Mon, 19 Dec 2022 10:19:34 +0530 Mon, 19 Dec 2022 10:19:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67199 Reopening of Assessment u/s 147 - change of opinion - By change of opinion holding that reduction towards reversal on account of cancellation and price revision and deducting the same from the profit and loss account was irregular thereby having reason to believe that taxable income had escaped assessment, the concluded assessment could not have been reopened. - HC Highlights Income Tax Mon, 19 Dec 2022 10:19:34 +0530 https://www.taxtmi.com/highlights?id=67199