https://www.taxtmi.com/highlights?id=72380 Reopening of assessment u/s 147 - Reason to believe - change of opinion - The reason we say that there is a change of opinion is because once a query has been raised during the assessment and query has been answered and accepted by the AO while passing the assessment order, it follows that the query raised was a subject of consideration of the AO while completing the assessment. This would apply even if the assessment order has not specifically dealt with that issue. - HC en-us Thu, 05 Oct 2023 13:33:40 +0530 Thu, 05 Oct 2023 13:33:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72380 Reopening of assessment u/s 147 - Reason to believe - change of opinion - The reason we say that there is a change of opinion is because once a query has been raised during the assessment and query has been answered and accepted by the AO while passing the assessment order, it follows that the query raised was a subject of consideration of the AO while completing the assessment. This would apply even if the assessment order has not specifically dealt with that issue. - HC Highlights Income Tax Thu, 05 Oct 2023 13:33:40 +0530 https://www.taxtmi.com/highlights?id=72380