https://www.taxtmi.com/caselaws?id=351799 The Income Tax Tribunal (ITAT) set aside the assessment for Assessment Year (AY) 2000-01, ruling that the re-assessment was invalid as it was based on a mere change of opinion without fresh material. The ITAT quashed the notice under Section 148 and the assessment order, allowing the assessee's appeal. The additions made by the Assessing Officer were deemed unjustified, and the legitimacy of deductions claimed under Section 80HHb was upheld. The Court dismissed the appeal, finding no substantial question of law and affirming the ITAT's decision to invalidate the re-assessment. en-us Tue, 28 Nov 2017 00:00:00 +0530 Fri, 01 Dec 2017 08:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351799 The Income Tax Tribunal (ITAT) set aside the assessment for Assessment Year (AY) 2000-01, ruling that the re-assessment was invalid as it was based on a mere change of opinion without fresh material. The ITAT quashed the notice under Section 148 and the assessment order, allowing the assessee's appeal. The additions made by the Assessing Officer were deemed unjustified, and the legitimacy of deductions claimed under Section 80HHb was upheld. The Court dismissed the appeal, finding no substantial question of law and affirming the ITAT's decision to invalidate the re-assessment. Case-Laws Income Tax Tue, 28 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351799