https://www.taxtmi.com/caselaws?id=61280 The Appellate Tribunal upheld the CIT (Appeals)' decision to annul the reassessment under section 143(3) read with section 147(b) of the IT Act. The Tribunal found that the revenue's attempt to include the minor son's income for a different period was a mere change of opinion by the ITO and did not meet the conditions under section 147(b). The Tribunal dismissed the revenue's appeal, emphasizing the lack of sufficient reasons for the reassessment and confirming the annulment by the CIT (Appeals). en-us Wed, 06 Apr 1983 00:00:00 +0530 Wed, 12 Jan 2011 10:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61280 The Appellate Tribunal upheld the CIT (Appeals)' decision to annul the reassessment under section 143(3) read with section 147(b) of the IT Act. The Tribunal found that the revenue's attempt to include the minor son's income for a different period was a mere change of opinion by the ITO and did not meet the conditions under section 147(b). The Tribunal dismissed the revenue's appeal, emphasizing the lack of sufficient reasons for the reassessment and confirming the annulment by the CIT (Appeals). Case-Laws Income Tax Wed, 06 Apr 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61280