https://www.taxtmi.com/caselaws?id=215505 The appeal for the assessment year 2002-03 was dismissed as the re-assessment proceedings were found to be invalid due to a change of opinion by the Assessing Officer. For the assessment years 2006-07 and 2007-08, the deletion of disallowance under Section 14A was remitted back to the Assessing Officer for fresh consideration, with the appeal allowed for statistical purposes. Additionally, the deletion of an addition for reversal of sale figures for the assessment year 2007-08 was upheld as a business loss deductible under Section 37 of the Act. en-us Wed, 11 Apr 2012 00:00:00 +0530 Tue, 07 Aug 2012 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215505 The appeal for the assessment year 2002-03 was dismissed as the re-assessment proceedings were found to be invalid due to a change of opinion by the Assessing Officer. For the assessment years 2006-07 and 2007-08, the deletion of disallowance under Section 14A was remitted back to the Assessing Officer for fresh consideration, with the appeal allowed for statistical purposes. Additionally, the deletion of an addition for reversal of sale figures for the assessment year 2007-08 was upheld as a business loss deductible under Section 37 of the Act. Case-Laws Income Tax Wed, 11 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215505