Supreme Court · 2010 INSC 46 · Decided 18 January 2010
Commissioner of Income Tax, Delhi v. M/S. Kelvinator of India Limited
- Court
- Supreme Court of India
- Citation
- 2010 INSC 46 · [2010] 1 S.C.R. 768
- Case number
- CIVIL APPEAL No. 2009/2003
- Decided
- 18 January 2010
- Bench
- S.H. KAPADIA, AFTAB ALAM, SWATANTER KUMAR (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 147
Headnote
Income Tax Act, 1961: s.147 - Power to reassess - The C word "opinion" inserted in s.147 after the enactment of Direct Tax Laws (Amendment) Act, 1987 i.e. prior to 1st April, 1989, vested arbitrary powers in the Assessing Officer to reopen past assessments on mere change of "change of opinion" stood obliterated with effect from 1st April, D 1989, i.e. after substitution of s.147 of the Act by Direct Tax Laws (Amendment) Act, 1989- Direct Tax Laws (Amendment) Act, 1987 - Circular No.549 dated 31st October, 1989. The question which arose for
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