https://www.taxtmi.com/caselaws?id=243663 The Tribunal upheld the CIT(A)'s decision to quash the reassessment proceedings under sections 147/148 and delete the addition under section 14A. The reassessment was deemed invalid due to the lack of new material evidence, the notice being issued beyond the statutory period, and the proceedings amounting to a change of opinion. The revenue's appeal was dismissed. en-us Fri, 31 Jan 2014 00:00:00 +0530 Fri, 07 Feb 2014 13:14:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243663 The Tribunal upheld the CIT(A)'s decision to quash the reassessment proceedings under sections 147/148 and delete the addition under section 14A. The reassessment was deemed invalid due to the lack of new material evidence, the notice being issued beyond the statutory period, and the proceedings amounting to a change of opinion. The revenue's appeal was dismissed. Case-Laws Income Tax Fri, 31 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243663