https://www.taxtmi.com/caselaws?id=33597 The High Court dismissed the appeal regarding the validity of reopening the assessment under section 148 of the Income-tax Act, 1961. It held that the notice issued after the limitation period was time-barred, emphasizing the importance of disclosing all relevant material to the Assessing Officer. The Court concluded that reopening an assessment solely based on a change of opinion after the limitation period is impermissible. The appeal was dismissed as no substantial question of law arose in this case. en-us Tue, 25 Sep 2007 00:00:00 +0530 Thu, 28 May 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33597 The High Court dismissed the appeal regarding the validity of reopening the assessment under section 148 of the Income-tax Act, 1961. It held that the notice issued after the limitation period was time-barred, emphasizing the importance of disclosing all relevant material to the Assessing Officer. The Court concluded that reopening an assessment solely based on a change of opinion after the limitation period is impermissible. The appeal was dismissed as no substantial question of law arose in this case. Case-Laws Income Tax Tue, 25 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33597