https://www.taxtmi.com/caselaws?id=471600 Reassessment cannot be initiated merely by reconsidering issues already examined during the original assessment. Where recorded reasons arise solely from the existing assessment record, and the taxpayer had answered specific original-assessment queries on those matters, no new tangible material supports reopening. Such reconsideration constitutes a change of opinion, rendering initiation of reassessment invalid. en-us Wed, 14 Feb 2024 00:00:00 +0530 Thu, 10 Sep 2026 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471600 Reassessment cannot be initiated merely by reconsidering issues already examined during the original assessment. Where recorded reasons arise solely from the existing assessment record, and the taxpayer had answered specific original-assessment queries on those matters, no new tangible material supports reopening. Such reconsideration constitutes a change of opinion, rendering initiation of reassessment invalid. Case-Laws Income Tax Wed, 14 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471600