SC explains meaning/scope of reason to believe u/s 147 and change of opinion by AO
May 14, 2026
Income Tax, Supreme Court
Supreme Court explains meaning and scope of “reason to believe” u/s 147 and when reopening can be said to be mere change of opinion. In a recent judgment, Hon’ble Supreme Court has explained the meaning and scope of “reason to believe” under Section 147 of Income Tax Act …