High Court grants interim relief in case challenging retrospective amendment affecting deduction

The Gujarat High Court granted interim relief in a case challenging the reopening of assessments beyond the four-year period due to a retrospective amendment impacting deduction under Section 80IA. The Court scheduled further hearing on 30.11.2010.

---

---

The Gujarat High Court heard a case where assessments were sought to be reopened due to a retrospective amendment affecting deduction under Section 80IA. The notice of reopening was issued beyond the four-year period. The Court considered the challenge to the notice and granted interim relief until further hearing on 30.11.2010.

---