https://www.taxtmi.com/caselaws?id=432165 The court found that the notice issued under Section 148 of the Income Tax Act, 1961, for the Assessment Year 2014-2015 was invalid as it constituted a change of opinion. The court held that the petitioner had fully disclosed all material facts during the original assessment, and the reopening of the assessment based on the same facts was impermissible. Consequently, the court set aside the notice and related actions, allowing the petition and making the rule absolute. en-us Mon, 19 Sep 2022 00:00:00 +0530 Thu, 29 Dec 2022 09:14:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432165 The court found that the notice issued under Section 148 of the Income Tax Act, 1961, for the Assessment Year 2014-2015 was invalid as it constituted a change of opinion. The court held that the petitioner had fully disclosed all material facts during the original assessment, and the reopening of the assessment based on the same facts was impermissible. Consequently, the court set aside the notice and related actions, allowing the petition and making the rule absolute. Case-Laws Income Tax Mon, 19 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432165