https://www.taxtmi.com/caselaws?id=795768 Reassessment initiated after four years was invalid where the assessee had fully disclosed interest expenditure and investments during the original scrutiny assessment. The disallowance issue had already been specifically examined, while the recorded reasons identified neither any failure of full and true disclosure nor subsequent tangible material. A fresh review of the same disclosed records amounted to a change of opinion; consequently, the reassessment notice was quashed. en-us Mon, 20 Jul 2026 00:00:00 +0530 Mon, 27 Jul 2026 08:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795768 Reassessment initiated after four years was invalid where the assessee had fully disclosed interest expenditure and investments during the original scrutiny assessment. The disallowance issue had already been specifically examined, while the recorded reasons identified neither any failure of full and true disclosure nor subsequent tangible material. A fresh review of the same disclosed records amounted to a change of opinion; consequently, the reassessment notice was quashed. Case-Laws Income Tax Mon, 20 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795768