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2023 (5) TMI 1142 - SCH - Income TaxReopening of assessment u/s 147 - Reason to believe - genuineness of claim of assessee company about compensation payable - As per HC it is a clear case of change of opinion, Change of opinion does not constitute justification and/or reasons to believe that income chargeable to tax has escaped assessment as in survey operation u/s 133-A and in the survey report it was specifically commented to examine in detail genuineness of claim of assessee company about compensation payable - HELD THAT:- We are not inclined to interfere with the impugned judgment and order of the High Court. The special leave petition is dismissed on the ground of delay.
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