https://www.taxtmi.com/caselaws?id=439492 The Tribunal quashed the reassessment proceedings initiated under Section 147/148, citing lack of new tangible material and reliance on a mere change of opinion. Consequently, the Revenue's appeal against the deletion of the addition under Section 68 was dismissed as infructuous. The order was pronounced on 22nd June 2023. en-us Thu, 22 Jun 2023 00:00:00 +0530 Mon, 26 Jun 2023 08:41:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439492 The Tribunal quashed the reassessment proceedings initiated under Section 147/148, citing lack of new tangible material and reliance on a mere change of opinion. Consequently, the Revenue's appeal against the deletion of the addition under Section 68 was dismissed as infructuous. The order was pronounced on 22nd June 2023. Case-Laws Income Tax Thu, 22 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439492