https://www.taxtmi.com/caselaws?id=458589 The Tribunal allowed the appellant's appeal, condoning the delay in filing due to the Covid period. It ruled the reopening of the assessment beyond the prescribed timeframe as invalid, citing incorrect information. The Tribunal also found the additions by the Assessing Officer unjustified, including the disallowance of a commodity transaction loss. Consequently, the appellant's appeal was granted in full. en-us Thu, 13 Jul 2023 00:00:00 +0530 Thu, 07 Nov 2024 19:59:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458589 The Tribunal allowed the appellant's appeal, condoning the delay in filing due to the Covid period. It ruled the reopening of the assessment beyond the prescribed timeframe as invalid, citing incorrect information. The Tribunal also found the additions by the Assessing Officer unjustified, including the disallowance of a commodity transaction loss. Consequently, the appellant's appeal was granted in full. Case-Laws Income Tax Thu, 13 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458589