M/S. GANPAT PANNALAL,HARDA vs. ITO-1 HARDA, HARDA
Appeal is allowed
ITA 756/IND/2019[2007-08]Status: DisposedITAT Indore18 May 2020AY 2007-08
Bench: Shri Kul Bharatassessment Year: 2007-08
Section 143(3)Section 147Section 148Section 234BSection 271(1)(c)Section 40Section 80Section 80I
section 143(3) of the Act, and the reassessment
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[ITA No.756/Ind/2019]
[Ganpat Pannalal ]
proceedings initiated merely on the basis of change of opinion were, bad in law .
6.Reopening based on Change of opinion
The Hon'ble Bombay High Court in Idea Cellular Ltd. v.
Dy. CIT [200B]301ITR 407 (80m.) held .that once all the material with' regard
