https://www.taxtmi.com/caselaws?id=254865 The Tribunal allowed the assessee's appeal, quashing the reassessment proceedings initiated under Section 147. The reassessment was deemed invalid as it was based on a mere change of opinion, not permissible under the law. Consequently, the Tribunal did not address the merits of the deduction under Section 10B, as the original assessment allowing the deduction was reinstated. en-us Fri, 21 Nov 2014 00:00:00 +0530 Fri, 02 Jan 2015 15:20:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254865 The Tribunal allowed the assessee's appeal, quashing the reassessment proceedings initiated under Section 147. The reassessment was deemed invalid as it was based on a mere change of opinion, not permissible under the law. Consequently, the Tribunal did not address the merits of the deduction under Section 10B, as the original assessment allowing the deduction was reinstated. Case-Laws Income Tax Fri, 21 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254865