https://www.taxtmi.com/caselaws?id=466238 Reassessment proceedings were dropped by the assessing officer on the basis of change of opinion, with the original assessment's allowance of a cooperative deduction reiterated; therefore no valid fresh assessment was framed and no prejudicial order under reassessment arose, removing any basis for a valid revision under revision jurisdiction. The defect in allowing the deduction lay in the original assessment, but the time limit to revise that original order had lapsed, so revision could not be lawfully exercised. Identical authority supports that absence of any addition in reassessment vitiates the reopening. Decision favourable to the taxpayer. en-us Tue, 01 Oct 2024 00:00:00 +0530 Fri, 30 Jan 2026 19:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466238 Reassessment proceedings were dropped by the assessing officer on the basis of change of opinion, with the original assessment's allowance of a cooperative deduction reiterated; therefore no valid fresh assessment was framed and no prejudicial order under reassessment arose, removing any basis for a valid revision under revision jurisdiction. The defect in allowing the deduction lay in the original assessment, but the time limit to revise that original order had lapsed, so revision could not be lawfully exercised. Identical authority supports that absence of any addition in reassessment vitiates the reopening. Decision favourable to the taxpayer. Case-Laws Income Tax Tue, 01 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466238