ITAT Delhi dismisses reopening as same was based on change of opinion

ITO Vs Sant Singh (ITAT Delhi) Introduction: In a recent case involving ITO Vs Sant Singh, the Income Tax Appellate Tribunal (ITAT) Delhi made a significant decision to dismiss a reopening of the case. The basis for the reopening was a change of opinion by the assessing officer. This article provides a detailed analysis of the case, the arguments presented by both sides, and the final decision reached by the ITAT. Detailed Analysis: The case revolved around the assessment of Sant Singh’s income, where he had filed a return in 2008, and the assessment was completed in 2010 under section 1...