AO cannot reopen a case to re-examine issue examined during original assessment

DCIT Vs Indian Metals & Ferro Alloys Ltd (ITAT Cuttack) In this case there is nothing to suggest that all the primary facts were not disclosed by the assessee at the time of original assessment completed u/s 143(3) of the Act nor any failure on the part of the assessee to disclose fully and truly all the material facts has been ascribed in the circumstances narrated before us. It cannot be said that the assessee suppressed any material facts. Thus, we are of the considered opinion that the ld CIT (A), in the operative para (supra) 2.2 was right in holding that, from the assessment order, i...