https://www.taxtmi.com/caselaws?id=243103 The Tribunal upheld the CIT(A)'s decision annulling the reassessment proceedings under Section 147. The reopening was based on a mere change of opinion by the Assessing Officer regarding the 'allowability of Sponsorship Expenses,' which had already been examined during the original assessment. The Tribunal relied on the Jurisdictional High Court's decision to emphasize the impermissibility of a review of earlier proceedings without tangible post-intimation material, ultimately dismissing the Revenue's appeal. en-us Fri, 02 Aug 2013 00:00:00 +0530 Wed, 22 Jan 2014 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243103 The Tribunal upheld the CIT(A)'s decision annulling the reassessment proceedings under Section 147. The reopening was based on a mere change of opinion by the Assessing Officer regarding the 'allowability of Sponsorship Expenses,' which had already been examined during the original assessment. The Tribunal relied on the Jurisdictional High Court's decision to emphasize the impermissibility of a review of earlier proceedings without tangible post-intimation material, ultimately dismissing the Revenue's appeal. Case-Laws Income Tax Fri, 02 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243103