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2017 (7) TMI 499 - HC - Income TaxReopening of assessment - the audit party had raised an objection of the freight and insurance charges being included in the export turnover for computation of benefit under Section 10A - Held that:- Notice for reopening came to be issued which was passed solely on the ground of the assessee’s claim of deduction under Section 10A of the Act and reduction of the freight and insurance charges from the export turnover. Thus, clearly the notice for reopening was issued under the directives and compulsion of the audit party, a mode which is not permissible as held by the decision of this Court in the case of Adani Exports vs. Deputy Commissioner of Income Tax (Assessments) [1998 (12) TMI 51 - GUJARAT High Court] . - Decided in favour of assessee.
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