https://www.taxtmi.com/caselaws?id=355793 The court upheld the validity of re-assessment proceedings under Section 147 of the Income Tax Act, 1961, finding no change of opinion and directing verification of disallowances. Compliance with Section 10B(3) was emphasized, with directions given for completion within three months. The court modified the judgment to provide specific directions for re-assessment, stressing the importance of verifying disallowances and ensuring compliance with Section 10B(3) during the process. The Writ Appeal was disposed of without costs. en-us Tue, 09 Jan 2018 00:00:00 +0530 Mon, 19 Feb 2018 08:44:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355793 The court upheld the validity of re-assessment proceedings under Section 147 of the Income Tax Act, 1961, finding no change of opinion and directing verification of disallowances. Compliance with Section 10B(3) was emphasized, with directions given for completion within three months. The court modified the judgment to provide specific directions for re-assessment, stressing the importance of verifying disallowances and ensuring compliance with Section 10B(3) during the process. The Writ Appeal was disposed of without costs. Case-Laws Income Tax Tue, 09 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355793