https://www.taxtmi.com/caselaws?id=285263 The High Court upheld the Tribunal's decision, ruling that the reassessment proceedings were invalid as they constituted a mere change of opinion. The court also affirmed the disallowance of the additional depreciation claim under section 32(1)(iia). Consequently, the appeals challenging the reassessment proceedings and the disallowance of additional depreciation were dismissed. en-us Mon, 04 Sep 2017 00:00:00 +0530 Sun, 05 Jan 2020 09:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285263 The High Court upheld the Tribunal's decision, ruling that the reassessment proceedings were invalid as they constituted a mere change of opinion. The court also affirmed the disallowance of the additional depreciation claim under section 32(1)(iia). Consequently, the appeals challenging the reassessment proceedings and the disallowance of additional depreciation were dismissed. Case-Laws Income Tax Mon, 04 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285263