https://www.taxtmi.com/caselaws?id=463984 HC held the notice under s.148/s.147 invalid and quashed it where the Assessing Officer sought to reopen beyond four years relying on the same material already examined in prior reopened proceedings. Absent any new information or material not previously available, the AO's change of opinion did not confer jurisdiction to reopen; reexamination of identical records would violate finality of assessment. The impugned notice was therefore set aside for lack of jurisdiction. en-us Mon, 29 Jan 2024 00:00:00 +0530 Thu, 25 Sep 2025 13:47:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463984 HC held the notice under s.148/s.147 invalid and quashed it where the Assessing Officer sought to reopen beyond four years relying on the same material already examined in prior reopened proceedings. Absent any new information or material not previously available, the AO's change of opinion did not confer jurisdiction to reopen; reexamination of identical records would violate finality of assessment. The impugned notice was therefore set aside for lack of jurisdiction. Case-Laws Income Tax Mon, 29 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463984