https://www.taxtmi.com/caselaws?id=797704 Reassessment initiated solely on a revenue audit objection and verification of material already examined in the original scrutiny assessment lacks fresh tangible material to support a belief that income escaped assessment. Reopening such concluded matters constitutes an impermissible change of opinion under Section 147. The reassessment was therefore invalid, and the addition made through it was deleted in favour of the assessee. en-us Thu, 20 Aug 2026 00:00:00 +0530 Wed, 26 Aug 2026 08:27:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797704 Reassessment initiated solely on a revenue audit objection and verification of material already examined in the original scrutiny assessment lacks fresh tangible material to support a belief that income escaped assessment. Reopening such concluded matters constitutes an impermissible change of opinion under Section 147. The reassessment was therefore invalid, and the addition made through it was deleted in favour of the assessee. Case-Laws Income Tax Thu, 20 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797704