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2016 (11) TMI 1511 - AT - Income TaxReopening of assessment - Eligibility for deduction U/S 80IB - non-furnishing of reasons recorded by AO - Held that:- As this is not disputed that the reasons recorded were not furnished by the AO to the assessee, we decline to interfere with the order of the ld. CIT(A) on this issue i.e. regarding quashing the assessment order on this basis that the reasons recorded for re-opening were not furnished to the assessee by the AO. See Commissioner of Income Tax Versus M/s Trend Electronics [2015 (9) TMI 1119 - BOMBAY HIGH COURT]when the AO failed to furnish the reasons recorded for re-opening of the assessment, the re-assessment order passed by the AO is bad in law - Decided in favour of assessee
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