https://www.taxtmi.com/caselaws?id=302724 The Appellate Tribunal ITAT CHENNAI dismissed the Revenue's appeal, upholding the decision of the ld.CIT(A) regarding the improper reopening of assessment under section 148 of the Income Tax Act. The Tribunal also upheld the deletion of the disallowance made under section 43B of the Act, as the Revenue failed to demonstrate that the interest in question was payable to an institution covered by the provisions of section 43B. en-us Fri, 20 Apr 2012 00:00:00 +0530 Tue, 14 Jun 2022 12:32:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302724 The Appellate Tribunal ITAT CHENNAI dismissed the Revenue's appeal, upholding the decision of the ld.CIT(A) regarding the improper reopening of assessment under section 148 of the Income Tax Act. The Tribunal also upheld the deletion of the disallowance made under section 43B of the Act, as the Revenue failed to demonstrate that the interest in question was payable to an institution covered by the provisions of section 43B. Case-Laws Income Tax Fri, 20 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302724