https://www.taxtmi.com/caselaws?id=419027 The Appellate Tribunal ITAT Kolkata ruled in favor of the assessee, holding that the reopening of assessment after four years was invalid and the addition made under section 40(a)(ia) was not justified. The Tribunal quashed the reassessment proceedings and allowed the appeal of the assessee. en-us Wed, 09 Feb 2022 00:00:00 +0530 Wed, 02 Mar 2022 08:35:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419027 The Appellate Tribunal ITAT Kolkata ruled in favor of the assessee, holding that the reopening of assessment after four years was invalid and the addition made under section 40(a)(ia) was not justified. The Tribunal quashed the reassessment proceedings and allowed the appeal of the assessee. Case-Laws Income Tax Wed, 09 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419027