https://www.taxtmi.com/caselaws?id=423904 The appeals for Assessment Years 1992-93 & 1993-94 were allowed by the Tribunal, remanding the issues of reopening the assessment and computation of deduction u/s 80M to be reconsidered. The Tribunal found the assessing officer's basis for reopening the assessment as a change of opinion invalid, and ruled in favor of the appellant regarding the deduction u/s 80M, stating that no amount should have been disallowed. The Tribunal's decision, pronounced on 15th June 2022, provided detailed reasoning and analysis of legal precedents, ultimately allowing both appeals. en-us Wed, 15 Jun 2022 00:00:00 +0530 Thu, 16 Jun 2022 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423904 The appeals for Assessment Years 1992-93 & 1993-94 were allowed by the Tribunal, remanding the issues of reopening the assessment and computation of deduction u/s 80M to be reconsidered. The Tribunal found the assessing officer's basis for reopening the assessment as a change of opinion invalid, and ruled in favor of the appellant regarding the deduction u/s 80M, stating that no amount should have been disallowed. The Tribunal's decision, pronounced on 15th June 2022, provided detailed reasoning and analysis of legal precedents, ultimately allowing both appeals. Case-Laws Income Tax Wed, 15 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423904