https://www.taxtmi.com/caselaws?id=419731 The appeal challenged various tax-related issues under the Income Tax Act, including non-deduction of TDS, interest income on advances, disallowance under Section 14A, validity of assessment, and charging of interest under section 234-B. The court focused on the reopening of the case under Section 147, emphasizing the importance of addressing the root issue. Ultimately, the reassessment was deemed invalid as it was based on a mere change of opinion, leading to the allowance of the assessee's appeal on 10/03/2022. en-us Thu, 10 Mar 2022 00:00:00 +0530 Thu, 17 Mar 2022 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419731 The appeal challenged various tax-related issues under the Income Tax Act, including non-deduction of TDS, interest income on advances, disallowance under Section 14A, validity of assessment, and charging of interest under section 234-B. The court focused on the reopening of the case under Section 147, emphasizing the importance of addressing the root issue. Ultimately, the reassessment was deemed invalid as it was based on a mere change of opinion, leading to the allowance of the assessee's appeal on 10/03/2022. Case-Laws Income Tax Thu, 10 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419731