On the basis of the material which was available at the time of ...

Re-assessing with existing information from the original evaluation is not allowed; it counts as a change of opinion.

October 15, 2014

Case Laws Income Tax AT

On the basis of the material which was available at the time of the assessment, re-opening of the assessment, will not be permissible as the reasons cannot be regarded to be a bona fide one and it will tantamount to be change of opinion - AT

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On the basis of the material which was available at the time of ...

Re-assessing with existing information from the original evaluation is not allowed; it counts as a change of opinion.

October 15, 2014

Case Laws Income Tax AT

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