Delhi HC – Revenue can reopen the assessment proceedings on change of opinion

Recently Delhi High Court in the case of Areva T&D vs. ADIT ruled that the Revenue can reopen the assessment proceedings on change of opinion that the income of the assessee has escaped assessment. Such re-opening of the assessment by the Income Tax department is legal where no return has been filed by the assessee for the assessment year in dispute, high court said. Areva T&D Vs. ADIT (Delhi High Court) HIGH COURT OF DELHI AT NEW DELHI Judgment Reserved on: 14th February, 2011 Judgment Pronounced on: 25th April, 2011 WP(C) No. 12859, 12860, 12863, 12864, 12865, 12866 of 2009 ...