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2016 (5) TMI 529 - AT - Income TaxReopening of assessment - Held that:- The original assessment proceedings, once the questionnaire/queries stood replied by assessee on each and every aspect of the case, reopening of assessment will amount to change of opinion, has also not been rebutted by the Revenue before us. Therefore, in view of several decisions relied on by the ld. CIT(A) in the impugned order, as well as by assessee before us, the re-assessment proceedings have rightly been held as invalid. We, therefore, are not inclined to interfere with the findings of the ld. CIT(A) given impugned order as reproduced above and the appeal of the Revenue is, thus, found to have no merits. - Decided in favour of assessee
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