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2016 (10) TMI 775 - HC - Income TaxReopening of assessment - claiming exemption u/s 11 - assessment came to be reopened by giving notice u/s 148 by the very same officer, who executed the scrutiny assessment and granted exemption - change of opinion - Held that:- in the present proceedings, the exemption issue generated by the authority has already been thoroughly examined and therefore, it would not be proper on the part of the respondent-authority to reopen the said issue and further there is not remote indication that petitioner has not truly and fully disclosed all material facts. It is a case of change of opinion - Notice quashed - Decided in favor of assessee.
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