https://www.taxtmi.com/caselaws?id=344960 The Tribunal upheld the validity of the assessment reopening under section 147 of the Income Tax Act, stating that cancellation of registration was effective for all relevant years. Exemptions under sections 11 and 12 were denied due to the cancellation of registration dating back to the original registration in 1992. The classification of repair and maintenance expenses as capital expenditure was remanded to the Assessing Officer for further examination, as authorities had not adequately justified their classification. The appeal was partly allowed, with the Tribunal affirming the reopening of assessment and denial of exemptions but requiring a fresh decision on the expense classification issue. en-us Wed, 18 Jan 2017 00:00:00 +0530 Mon, 03 Jul 2017 10:07:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344960 The Tribunal upheld the validity of the assessment reopening under section 147 of the Income Tax Act, stating that cancellation of registration was effective for all relevant years. Exemptions under sections 11 and 12 were denied due to the cancellation of registration dating back to the original registration in 1992. The classification of repair and maintenance expenses as capital expenditure was remanded to the Assessing Officer for further examination, as authorities had not adequately justified their classification. The appeal was partly allowed, with the Tribunal affirming the reopening of assessment and denial of exemptions but requiring a fresh decision on the expense classification issue. Case-Laws Income Tax Wed, 18 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344960