https://www.taxtmi.com/caselaws?id=780691 ITAT held that reopening of assessment was invalid because the AO relied on the same material available at original 143(3) assessment and there was no fresh tangible information to justify belief of escaped income; the case had been specifically scrutinized on the 54F deduction during 143(3) proceedings and the assessee had disclosed LTCG and supporting documents. Reopening amounted to an impermissible change of opinion; AO cannot review his own assessment. Appeal allowed. en-us Fri, 31 Oct 2025 00:00:00 +0530 Tue, 04 Nov 2025 08:03:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780691 ITAT held that reopening of assessment was invalid because the AO relied on the same material available at original 143(3) assessment and there was no fresh tangible information to justify belief of escaped income; the case had been specifically scrutinized on the 54F deduction during 143(3) proceedings and the assessee had disclosed LTCG and supporting documents. Reopening amounted to an impermissible change of opinion; AO cannot review his own assessment. Appeal allowed. Case-Laws Income Tax Fri, 31 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780691