https://www.taxtmi.com/caselaws?id=260316 The Tribunal ruled in favor of the assessee, holding that the reopening of the assessment under section 147 was invalid as there was no failure to disclose material facts within four years from the end of the relevant assessment year. Consequently, the assessment order was quashed, and the appeal was allowed. The issues regarding disallowance under section 14A and depreciation on computer software were not extensively addressed due to the primary finding on the validity of the reopening. en-us Mon, 23 Mar 2015 00:00:00 +0530 Tue, 09 Jun 2015 07:26:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260316 The Tribunal ruled in favor of the assessee, holding that the reopening of the assessment under section 147 was invalid as there was no failure to disclose material facts within four years from the end of the relevant assessment year. Consequently, the assessment order was quashed, and the appeal was allowed. The issues regarding disallowance under section 14A and depreciation on computer software were not extensively addressed due to the primary finding on the validity of the reopening. Case-Laws Income Tax Mon, 23 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260316