https://www.taxtmi.com/caselaws?id=795102 Reassessment cannot be initiated merely by revisiting share transactions that were specifically examined during the original scrutiny assessment. Detailed queries, replies and supporting documents had already been considered while completing the assessment under Section 143(3), and the reopening relied on the same material without any fresh basis. Such reassessment amounts to an impermissible review founded on a change of opinion and is invalid. en-us Mon, 06 Jul 2026 00:00:00 +0530 Thu, 16 Jul 2026 17:53:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795102 Reassessment cannot be initiated merely by revisiting share transactions that were specifically examined during the original scrutiny assessment. Detailed queries, replies and supporting documents had already been considered while completing the assessment under Section 143(3), and the reopening relied on the same material without any fresh basis. Such reassessment amounts to an impermissible review founded on a change of opinion and is invalid. Case-Laws Income Tax Mon, 06 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795102