2019 (9) TMI 1021 - SC ORDER - Income Tax

Head Note / Extract:
Reopening of assessment u/s 147 - reopening of tantamount to fishing or roving inquiry - reopening of assessment beyond four years - Merely because in the later year, the AO takes a different view on the basis of similar material, which may have been collected during such process, would not permit him to reopen the assessment - HELD THAT:- SLP dismissed.