https://www.taxtmi.com/caselaws?id=279410 The Tribunal quashed the re-assessment proceedings initiated under section 147 of the Income Tax Act, citing the absence of new tangible material and improper exercise of jurisdiction by the Assessing Officer. The classification of expenditure and charging of interest issues were not addressed as a result of the re-assessment being quashed. en-us Wed, 31 Mar 2010 00:00:00 +0530 Sat, 16 Mar 2019 10:06:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279410 The Tribunal quashed the re-assessment proceedings initiated under section 147 of the Income Tax Act, citing the absence of new tangible material and improper exercise of jurisdiction by the Assessing Officer. The classification of expenditure and charging of interest issues were not addressed as a result of the re-assessment being quashed. Case-Laws Income Tax Wed, 31 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279410