Welcome pronouncement- Amendment vide Finance Act, 2015 in Sec 200A(1) cannot be applied retrospectively to earlier AYs: ITAT
Where Revenue fails to issue reopening notice within four-years limitation, due to shifting of office premises, same cannot be deemed as being based on ‘change of opinion’: HC
When assessee’s claims were not rejected during original assessment even after scrutiny, any attempt to reopen same would amount to mere ‘change of opinion’: HC
A club open to a section of community cannot be construed to be set up for benefit of an individual or class of individuals: ITAT
