https://www.taxtmi.com/caselaws?id=406337 The Tribunal quashed the reassessment order due to the invalid reopening under Section 147 and upheld the CIT(A)'s decision on merits, allowing the assessee's claim of Future & Option (F&O) Loss. The revenue's appeal was dismissed, and the assessee's cross-objection was allowed. en-us Thu, 08 Apr 2021 00:00:00 +0530 Mon, 12 Apr 2021 08:15:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406337 The Tribunal quashed the reassessment order due to the invalid reopening under Section 147 and upheld the CIT(A)'s decision on merits, allowing the assessee's claim of Future & Option (F&O) Loss. The revenue's appeal was dismissed, and the assessee's cross-objection was allowed. Case-Laws Income Tax Thu, 08 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406337