https://www.taxtmi.com/caselaws?id=58574 The Tribunal upheld the validity of the assessment reopening under section 147(b) based on Supreme Court precedent, determining expenses as capital in nature for dismantling and shifting a factory. It ruled against the withdrawal of interest under section 214(1A) on reassessment, citing inapplicability to section 147 reassessments. The Commissioner (Appeals) decision was confirmed regarding the assessment reopening, while the appeal was partially allowed by deleting the direction to withdraw interest. en-us Fri, 30 Nov 1984 00:00:00 +0530 Mon, 20 Dec 2010 16:53:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58574 The Tribunal upheld the validity of the assessment reopening under section 147(b) based on Supreme Court precedent, determining expenses as capital in nature for dismantling and shifting a factory. It ruled against the withdrawal of interest under section 214(1A) on reassessment, citing inapplicability to section 147 reassessments. The Commissioner (Appeals) decision was confirmed regarding the assessment reopening, while the appeal was partially allowed by deleting the direction to withdraw interest. Case-Laws Income Tax Fri, 30 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58574