https://www.taxtmi.com/caselaws?id=327381 The Tribunal allowed the appeal, citing the lack of valid grounds for reassessment and the impermissibility of reviewing the applicability of section 10BA. The judgment emphasized the necessity of tangible material for reopening assessments and rejected the notion of a change of opinion as a valid basis for such actions. The Tribunal found the reassessment to be impermissible, ultimately leading to the appeal being allowed. en-us Wed, 30 Mar 2016 00:00:00 +0530 Tue, 10 May 2016 11:31:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327381 The Tribunal allowed the appeal, citing the lack of valid grounds for reassessment and the impermissibility of reviewing the applicability of section 10BA. The judgment emphasized the necessity of tangible material for reopening assessments and rejected the notion of a change of opinion as a valid basis for such actions. The Tribunal found the reassessment to be impermissible, ultimately leading to the appeal being allowed. Case-Laws Income Tax Wed, 30 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327381