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2013 (7) TMI 544 - HC - Income TaxDeduction u/s 80IA - Notice of re opening issued beyond four years - true and full disclosure of facts - Held that:- Notice has been issued beyond the period of four years from the end of relevant assessment year - Merely because while framing assessment for the subsequent year 2007-08 the Assessing Officer noticed certain irregularity in the claim by itself would not be sufficient to satisfy the requirements of the proviso to Section 147 of the Act - there was no failure on the part of the assessee to disclose truly and fully all material facts - Decided in favour of assessee.
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