https://www.taxtmi.com/caselaws?id=280925 The Tribunal ruled in favor of the assessee on all counts: invalidating the reopening of assessment for AY 2010-11 as a mere change of opinion, determining that the proviso to Section 2(15) did not apply to the activities of the Jharkhand State Cricket Association, categorizing the infrastructural subsidy from BCCI as a capital receipt, and deeming the order passed u/s 263 for AY 2014-15 unsustainable. Consequently, all appeals by the assessee were allowed. en-us Fri, 15 Mar 2019 00:00:00 +0530 Mon, 27 May 2019 06:51:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280925 The Tribunal ruled in favor of the assessee on all counts: invalidating the reopening of assessment for AY 2010-11 as a mere change of opinion, determining that the proviso to Section 2(15) did not apply to the activities of the Jharkhand State Cricket Association, categorizing the infrastructural subsidy from BCCI as a capital receipt, and deeming the order passed u/s 263 for AY 2014-15 unsustainable. Consequently, all appeals by the assessee were allowed. Case-Laws Income Tax Fri, 15 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280925