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2007 (7) TMI 259 - PUNJAB AND HARYANA HIGH COURTClause (c) of Explanation 1 to section 147 provides that an Assessing Officer can resort to reassessment proceedings in a case where income has been made the subject of excessive relief under the Act. The assessee at the regular assessment had been allowed a deduction more than actually allowable u/s 80HHC - Accordingly, reassessment under section 147(b) cannot be held to be invalid
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