https://www.taxtmi.com/caselaws?id=409033 The Tribunal quashed the reassessment proceedings under Section 147 as they were based on a change of opinion without fresh material, failing to meet jurisdictional requirements. Consequently, the Tribunal did not address the merits of the exemption claim under Section 10(26BBB), deeming it unnecessary. The appeal was allowed, annulling the reassessment order passed under Sections 143(3)/147. en-us Mon, 31 May 2021 00:00:00 +0530 Mon, 28 Jun 2021 10:02:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409033 The Tribunal quashed the reassessment proceedings under Section 147 as they were based on a change of opinion without fresh material, failing to meet jurisdictional requirements. Consequently, the Tribunal did not address the merits of the exemption claim under Section 10(26BBB), deeming it unnecessary. The appeal was allowed, annulling the reassessment order passed under Sections 143(3)/147. Case-Laws Income Tax Mon, 31 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409033