https://www.taxtmi.com/caselaws?id=364008 The Tribunal allowed the appeal, quashing the reassessment proceedings due to impermissible change of opinion by the Assessing Officer and directing the deduction of the loss on sale of stores as manufacturing expenses. The Tribunal also found the levy of interest and penalty to be unjustified. en-us Wed, 11 Jul 2018 00:00:00 +0530 Sat, 21 Jul 2018 09:38:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364008 The Tribunal allowed the appeal, quashing the reassessment proceedings due to impermissible change of opinion by the Assessing Officer and directing the deduction of the loss on sale of stores as manufacturing expenses. The Tribunal also found the levy of interest and penalty to be unjustified. Case-Laws Income Tax Wed, 11 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364008