https://www.taxtmi.com/caselaws?id=344462 The court set aside the notice dated 28.03.2016 to reopen the assessment, ruling in favor of the petitioner. The court held that the reasons for reopening the assessment, particularly regarding deductions under sections 10B, 40(a)(ia), and 14A, were impermissible as they amounted to a mere change of opinion, citing relevant case law. The court found that the original assessment had adequately addressed the issues raised, leading to the dismissal of the reopening attempt. en-us Mon, 12 Jun 2017 00:00:00 +0530 Sat, 17 Jun 2017 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344462 The court set aside the notice dated 28.03.2016 to reopen the assessment, ruling in favor of the petitioner. The court held that the reasons for reopening the assessment, particularly regarding deductions under sections 10B, 40(a)(ia), and 14A, were impermissible as they amounted to a mere change of opinion, citing relevant case law. The court found that the original assessment had adequately addressed the issues raised, leading to the dismissal of the reopening attempt. Case-Laws Income Tax Mon, 12 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344462