https://www.taxtmi.com/highlights?id=54472 Reopening of assessment u/s 147 - deduction u/s 57 disallowed - AO has applied his mind and formed an opinion for allowance of this interest expenses while framing original assessment. Now, reopening on the very same issue tantamount to change of opinion which is not permissible in law. - AT en-us Tue, 25 Aug 2020 17:53:26 +0530 Tue, 25 Aug 2020 17:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54472 Reopening of assessment u/s 147 - deduction u/s 57 disallowed - AO has applied his mind and formed an opinion for allowance of this interest expenses while framing original assessment. Now, reopening on the very same issue tantamount to change of opinion which is not permissible in law. - AT Highlights Income Tax Tue, 25 Aug 2020 17:53:26 +0530 https://www.taxtmi.com/highlights?id=54472