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Delhi High Court Quashes Reassessment for AY 2011-12, Holds AO’s “Lapse and Oversight” Cannot Justify Reopening Without Fresh Tangible Material – “Petitioner Cannot Suffer Due to Change of Opinion”
Court’s Decision: The Delhi High Court allowed the writ petition, setting aside the notice issued under Section 148 of the Income Tax Act, 1961, for reassessment of AY 2011-12. The…









