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2011 (5) TMI 621 - HC - Income TaxValidity of Reassessment proceedings - change of opinion on the question of applicability of Section 80HHB - Held that:- Deduction u/s 80HHB was given to assessee in original assessment order after consideration of all materials and relevant facts and attempt has been made u/s 147 to review the original assessment order. Therefore, when no action was taken against the order of the CIT (Appeal) by the Revenue in relation to OIA this issue has become final and binding as far as the said AY is concerned. On that ground it was not open for the Auditor for that matter Assessing Officer to reopen u/s 147/148, the settled issue on the quasi judicial side - Decided against the Revenue
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