https://www.taxtmi.com/caselaws?id=789780 Reopening of assessment requires information suggesting escapement of income and cannot rest on a mere change of opinion. The High Court treated the challenge as covered by Bombay High Court rulings in Siemens Financial Services Private Limited and Alok Industries Ltd., and quashed the impugned notices, consequential notices and the assessment order. The Supreme Court found no ground to interfere with that order and dismissed the SLP. en-us Fri, 10 Apr 2026 00:00:00 +0530 Tue, 14 Apr 2026 08:03:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789780 Reopening of assessment requires information suggesting escapement of income and cannot rest on a mere change of opinion. The High Court treated the challenge as covered by Bombay High Court rulings in Siemens Financial Services Private Limited and Alok Industries Ltd., and quashed the impugned notices, consequential notices and the assessment order. The Supreme Court found no ground to interfere with that order and dismissed the SLP. Case-Laws Income Tax Fri, 10 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789780