Reassessment Proceedings can’t be initiated on Mere Change of Opinion: Orissa High Court [Read Judgment]

The Orissa High Court held that the reassessment proceedings cannot be initiated on mere change of opinion. The Petitioner, Jagannath Promoters is a partnership firm. It filed its return for the AY in question on 16th November 2009 disclosing a total income of Rs. 15,30,110/-. The return was picked up for scrutiny. In response to […]
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