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2017 (2) TMI 277 - GUJARAT HIGH COURTReopening of assessment - Deduction available under section 80-IB - Held that:- For reopening of the assessment, notice should be issued within a period of four years from the end of the assessment. In the present case, we notice that the Assessing Officer has issued notice under section 148 of the Income-tax Act on August 10, 2009 which is beyond the period of four years from the end of the assessment year. Even otherwise, no reasons are assigned by the respondent authority to claim that the earlier Assessing Officer has wrongly allowed the claim of the assessee. In that view of the matter, the petition deserves to be allowed and is allowed accordingly - Decided in favour of assessee.
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