https://www.taxtmi.com/caselaws?id=62709 The Tribunal found in favor of the assessee, declaring the assessment as illegal and canceling it. The CIT(A)'s order was deemed deficient, the initiation of proceedings under Section 147 during pending Section 154 proceedings was held invalid, and the reopening of assessment based on a change of opinion was disallowed. The additions of Rs. 1,27,000 and Rs. 27,000 were deleted due to lack of substantiation. The Tribunal ruled in favor of the assessee, allowing the appeal and overturning the additions made by the Revenue. en-us Fri, 04 Jun 2004 00:00:00 +0530 Fri, 21 Jan 2011 12:38:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62709 The Tribunal found in favor of the assessee, declaring the assessment as illegal and canceling it. The CIT(A)'s order was deemed deficient, the initiation of proceedings under Section 147 during pending Section 154 proceedings was held invalid, and the reopening of assessment based on a change of opinion was disallowed. The additions of Rs. 1,27,000 and Rs. 27,000 were deleted due to lack of substantiation. The Tribunal ruled in favor of the assessee, allowing the appeal and overturning the additions made by the Revenue. Case-Laws Income Tax Fri, 04 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62709