https://www.taxtmi.com/caselaws?id=289144 The Appellate Tribunal upheld the Commissioner of Income-tax(Appeals)' decision regarding the invalidity of reopening the assessment under section 147, emphasizing the concept of change of opinion and jurisdictional requirements. The Tribunal dismissed the Revenue's appeal, citing the Supreme Court's ruling in Kelvinator India Ltd. The Tribunal refrained from addressing certain issues on merits due to the proceedings' invalidity under section 147, ultimately upholding the CIT(A)'s decision and quashing the assessment. en-us Wed, 23 Sep 2015 00:00:00 +0530 Fri, 17 Jul 2020 10:29:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289144 The Appellate Tribunal upheld the Commissioner of Income-tax(Appeals)' decision regarding the invalidity of reopening the assessment under section 147, emphasizing the concept of change of opinion and jurisdictional requirements. The Tribunal dismissed the Revenue's appeal, citing the Supreme Court's ruling in Kelvinator India Ltd. The Tribunal refrained from addressing certain issues on merits due to the proceedings' invalidity under section 147, ultimately upholding the CIT(A)'s decision and quashing the assessment. Case-Laws Income Tax Wed, 23 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289144