https://www.taxtmi.com/caselaws?id=443136 The HC quashed the notice dated 26th March 2021, the order disposing of objections dated 24th March 2022, the impugned assessment order, the impugned notice of remand, and the show cause notice for penalty, all issued without new tangible material and based on a change of opinion. The Rule was made absolute per prayer clause (a), with no order as to costs. The Court held that the Petitioner had fully disclosed all material facts, and the Respondents failed to justify reopening the assessment under the law. en-us Tue, 05 Sep 2023 00:00:00 +0530 Thu, 29 Feb 2024 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443136 The HC quashed the notice dated 26th March 2021, the order disposing of objections dated 24th March 2022, the impugned assessment order, the impugned notice of remand, and the show cause notice for penalty, all issued without new tangible material and based on a change of opinion. The Rule was made absolute per prayer clause (a), with no order as to costs. The Court held that the Petitioner had fully disclosed all material facts, and the Respondents failed to justify reopening the assessment under the law. Case-Laws Income Tax Tue, 05 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443136