https://www.taxtmi.com/caselaws?id=439100 The court held that the reopening of the assessment for the Assessment Year 1992-1993 was unjustified. The notice issued under Section 148 of the Income Tax Act was quashed, and the petition was granted in favor of the petitioner. The court emphasized that the Kar Vivad Samadhan Scheme (KVSS) order was conclusive, and reopening the assessment was based merely on a change of opinion, which is impermissible. The petition was disposed of accordingly. en-us Fri, 09 Jun 2023 00:00:00 +0530 Thu, 11 Jan 2024 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439100 The court held that the reopening of the assessment for the Assessment Year 1992-1993 was unjustified. The notice issued under Section 148 of the Income Tax Act was quashed, and the petition was granted in favor of the petitioner. The court emphasized that the Kar Vivad Samadhan Scheme (KVSS) order was conclusive, and reopening the assessment was based merely on a change of opinion, which is impermissible. The petition was disposed of accordingly. Case-Laws Income Tax Fri, 09 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439100