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2018 (1) TMI 605 - HC - Income TaxReopening of assessment - Allowability of deduction u/s.80-IA(4) - Held that:- This Court is satisfied that there was no material on record before the Assessing Authority indicating any failure on the part of the assessee to truly and fully disclose the relevant material before the original Assessing Authority while passing the original assessment order u/S.143(3) of the Act on 28.03.2013 and the Assessing Authority had discussed all the relevant facts and evidence and had rightly allowed, albeit partly, the deduction u/S.80-IA(4) of the Act to the assessee and there was no jurisdiction that the Respondent-Assessing Authority to invoke Section 147/148 of the Act for reassessment for the A.Y. 2010-11 in the present case.
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