https://www.taxtmi.com/caselaws?id=348394 The Tribunal held that the Assistant Commissioner of Income-tax exceeded jurisdiction in reopening the assessment solely based on disallowed expenses, as the case was reopened after four years without the assessee failing to disclose material facts. Legal precedents supported that reopening after four years without such failure is impermissible, leading to the dismissal of the revenue's appeal. The Tribunal upheld the deletion of the disallowance under Repair and Maintenance by the Commissioner of Income-tax (Appeals) due to the lack of authority in reopening the assessment after the prescribed period without a failure to disclose facts. en-us Mon, 18 Sep 2017 00:00:00 +0530 Thu, 21 Sep 2017 07:14:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348394 The Tribunal held that the Assistant Commissioner of Income-tax exceeded jurisdiction in reopening the assessment solely based on disallowed expenses, as the case was reopened after four years without the assessee failing to disclose material facts. Legal precedents supported that reopening after four years without such failure is impermissible, leading to the dismissal of the revenue's appeal. The Tribunal upheld the deletion of the disallowance under Repair and Maintenance by the Commissioner of Income-tax (Appeals) due to the lack of authority in reopening the assessment after the prescribed period without a failure to disclose facts. Case-Laws Income Tax Mon, 18 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348394