https://www.taxtmi.com/caselaws?id=35348 The court held that the notice issued under Section 148 for reopening the assessment was quashed as there was no failure on the part of the assessee to disclose all material facts necessary for the assessment. The court emphasized that the conditions for reassessment must be strictly met and that a mere change of opinion by the Assessing Officer does not justify reopening the assessment. The petition was allowed, the notice was quashed, and no costs were awarded. en-us Tue, 12 Jan 2010 00:00:00 +0530 Thu, 15 Mar 2012 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35348 The court held that the notice issued under Section 148 for reopening the assessment was quashed as there was no failure on the part of the assessee to disclose all material facts necessary for the assessment. The court emphasized that the conditions for reassessment must be strictly met and that a mere change of opinion by the Assessing Officer does not justify reopening the assessment. The petition was allowed, the notice was quashed, and no costs were awarded. Case-Laws Income Tax Tue, 12 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35348