https://www.taxtmi.com/caselaws?id=187012 The Tribunal dismissed the appeal filed by the assessee challenging the validity of reopening of assessment under section 147/148 of the Income-tax Act, 1961. The treatment of license fees, disallowance of depreciation on house property, interest under sections 234B and 234C, and initiation of penalty proceedings were also dismissed in favor of the revenue authorities. The Tribunal found the grounds raised by the assessee to be unsubstantiated, leading to the dismissal of the appeal on 22nd January, 2010. en-us Fri, 22 Jan 2010 00:00:00 +0530 Thu, 06 Oct 2016 15:37:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187012 The Tribunal dismissed the appeal filed by the assessee challenging the validity of reopening of assessment under section 147/148 of the Income-tax Act, 1961. The treatment of license fees, disallowance of depreciation on house property, interest under sections 234B and 234C, and initiation of penalty proceedings were also dismissed in favor of the revenue authorities. The Tribunal found the grounds raised by the assessee to be unsubstantiated, leading to the dismissal of the appeal on 22nd January, 2010. Case-Laws Income Tax Fri, 22 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187012