https://www.taxtmi.com/caselaws?id=206958 The Tribunal upheld the deletion of an addition under section 41(1) of Rs.1,67,20,315 due to the waiver of interest, finding that the interest liability had been disallowed in earlier years. The Tribunal also deemed the reassessment proceedings invalid as they were based on a change of opinion, in line with legal precedent, and allowed the assessee's cross-objections. The order was pronounced on February 5, 2010. en-us Fri, 05 Feb 2010 00:00:00 +0530 Thu, 30 May 2013 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206958 The Tribunal upheld the deletion of an addition under section 41(1) of Rs.1,67,20,315 due to the waiver of interest, finding that the interest liability had been disallowed in earlier years. The Tribunal also deemed the reassessment proceedings invalid as they were based on a change of opinion, in line with legal precedent, and allowed the assessee's cross-objections. The order was pronounced on February 5, 2010. Case-Laws Income Tax Fri, 05 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206958