https://www.taxtmi.com/caselaws?id=67123 The Tribunal upheld the CIT(A)'s orders for the assessment years 1981-82, 1982-83, 1983-84, 1984-85, and 1985-86, finding that the reopening of assessments and the reassessments were based on changes of opinion rather than new information. The objections raised by the Department regarding deductions, depreciation, and capital subsidy were found to be without merit. The appeals of the Department and cross-objections were dismissed, while the appeals of the assessee were allowed. en-us Wed, 29 Jul 1992 00:00:00 +0530 Wed, 09 Mar 2011 11:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67123 The Tribunal upheld the CIT(A)'s orders for the assessment years 1981-82, 1982-83, 1983-84, 1984-85, and 1985-86, finding that the reopening of assessments and the reassessments were based on changes of opinion rather than new information. The objections raised by the Department regarding deductions, depreciation, and capital subsidy were found to be without merit. The appeals of the Department and cross-objections were dismissed, while the appeals of the assessee were allowed. Case-Laws Income Tax Wed, 29 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67123