https://www.taxtmi.com/caselaws?id=376061 The High Court dismissed the appeals, affirming the Tribunal's decision that the reassessment proceedings were invalid due to the absence of new tangible material, constituting a mere change of opinion by the Assessing Officer. The Court emphasized that reassessment based on the same set of facts and material is impermissible under the law, thereby quashing the reassessment order and rendering the disallowance under Section 80IA(4) moot in this context. en-us Thu, 21 Feb 2019 00:00:00 +0530 Thu, 04 Jul 2019 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376061 The High Court dismissed the appeals, affirming the Tribunal's decision that the reassessment proceedings were invalid due to the absence of new tangible material, constituting a mere change of opinion by the Assessing Officer. The Court emphasized that reassessment based on the same set of facts and material is impermissible under the law, thereby quashing the reassessment order and rendering the disallowance under Section 80IA(4) moot in this context. Case-Laws Income Tax Thu, 21 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376061