https://www.taxtmi.com/caselaws?id=439751 The Tribunal upheld the assessee's position by quashing the illegal reopening of the assessment under section 147 of the Income Tax Act. The appeal of the Revenue was dismissed, affirming the deletion of the addition related to interest on late payment of TCS and rejecting the additional depreciation claim on vehicles as impermissible due to being a change of opinion already examined in the original assessment. en-us Wed, 28 Jun 2023 00:00:00 +0530 Sat, 01 Jul 2023 08:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439751 The Tribunal upheld the assessee's position by quashing the illegal reopening of the assessment under section 147 of the Income Tax Act. The appeal of the Revenue was dismissed, affirming the deletion of the addition related to interest on late payment of TCS and rejecting the additional depreciation claim on vehicles as impermissible due to being a change of opinion already examined in the original assessment. Case-Laws Income Tax Wed, 28 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439751