https://www.taxtmi.com/caselaws?id=450948 The HC quashed the reopening of assessment initiated by the AO based on audit objections regarding Section 80G deductions. The petitioner had disclosed all material facts during original assessment proceedings, including detailed explanations and supporting documents for donations claimed. The AO had previously justified the original assessment to audit parties without accepting adjustments. The court found no fresh tangible material came to the AO's knowledge, and the reopening was merely based on re-examination of the same material. Following Supreme Court precedent in Kelvinator case, the court held that mere change of opinion cannot justify reopening concluded assessments, ruling in favor of the assessee. en-us Tue, 05 Mar 2024 00:00:00 +0530 Mon, 09 Jun 2025 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450948 The HC quashed the reopening of assessment initiated by the AO based on audit objections regarding Section 80G deductions. The petitioner had disclosed all material facts during original assessment proceedings, including detailed explanations and supporting documents for donations claimed. The AO had previously justified the original assessment to audit parties without accepting adjustments. The court found no fresh tangible material came to the AO's knowledge, and the reopening was merely based on re-examination of the same material. Following Supreme Court precedent in Kelvinator case, the court held that mere change of opinion cannot justify reopening concluded assessments, ruling in favor of the assessee. Case-Laws Income Tax Tue, 05 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450948