https://www.taxtmi.com/caselaws?id=400169 The ITAT concluded that the reopening of assessments for A.Y. 2010-11 and A.Y. 2013-14 under section 147 was invalid due to the absence of disallowance u/s 14A in the stated reasons. The Tribunal applied the precedent from Jet Airways Ltd., setting aside the CIT(A)'s order and deleting the disallowance. Consequently, the appeals were partly allowed, and other grounds were not addressed. The decision was pronounced on 30.09.2020, following delays due to the COVID-19 lockdown. en-us Wed, 30 Sep 2020 00:00:00 +0530 Tue, 05 Nov 2024 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400169 The ITAT concluded that the reopening of assessments for A.Y. 2010-11 and A.Y. 2013-14 under section 147 was invalid due to the absence of disallowance u/s 14A in the stated reasons. The Tribunal applied the precedent from Jet Airways Ltd., setting aside the CIT(A)'s order and deleting the disallowance. Consequently, the appeals were partly allowed, and other grounds were not addressed. The decision was pronounced on 30.09.2020, following delays due to the COVID-19 lockdown. Case-Laws Income Tax Wed, 30 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400169