Tribunal Affirms Assessee's Appeal: Insufficient Grounds for Reopening Assessment Due to Non-Disclosure of Material Facts.

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....Validity of Reopening of assessment - validity of reasons to believe - change of opinion - whether these grounds are adequate or not for arriving at a conclusion that there was a non-disclosure of material facts could not be opened for the Court's investigation. Tribunal was right in allowing the assessee's appeal. - HC....