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2020 (12) TMI 577 - KARNATAKA HIGH COURTRe-opening of assessment u/s 148 - computation of deduction under section 35(1)(iv) - ITAT held that the order of re-assessment was bad in law. However, the Tribunal examined the issue on merits and gave the findings on merits - HELD THAT:- Once the order of re-assessment was set aside, the Tribunal ought not have adjudicated the issues involved in the appeal on merits. There was no need for remanding the matter to the Assessing Authority. - Decided in favour of assessee.
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