The Supreme Court has dismissed the revenue SLP

The Supreme Court has dismissed the revenue SLP

The Supreme Court has dismissed the revenue SLP in case of M/s Ceat Ltd and held that where there was no allegation of suppression of material fact and entire basis for re-opening after expiry of four years from end of relevant assessment year was due to mistake of Assessing Officer that resulted in under assessment, reopening of assessment being on change of opinion was impermissible in law. (SLP 12643/2022)



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