https://www.taxtmi.com/caselaws?id=67465 The Tribunal dismissed the appeal, affirming that claims settled in the original assessment and appellate proceedings could not be re-raised in re-assessment proceedings. The Tribunal found the assessee's claim for deduction under section 35B in the re-assessment proceedings to be invalid, as the claim had already been addressed during the original assessment, and the CIT(A)'s direction was to review the claim on its merits within the existing legal framework. The Tribunal emphasized that while new claims could potentially be raised during re-assessment, settled claims from prior proceedings could not be revisited. en-us Mon, 14 May 1990 00:00:00 +0530 Thu, 10 Mar 2011 17:13:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67465 The Tribunal dismissed the appeal, affirming that claims settled in the original assessment and appellate proceedings could not be re-raised in re-assessment proceedings. The Tribunal found the assessee's claim for deduction under section 35B in the re-assessment proceedings to be invalid, as the claim had already been addressed during the original assessment, and the CIT(A)'s direction was to review the claim on its merits within the existing legal framework. The Tribunal emphasized that while new claims could potentially be raised during re-assessment, settled claims from prior proceedings could not be revisited. Case-Laws Income Tax Mon, 14 May 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67465