https://www.taxtmi.com/caselaws?id=68245 The Revenue's appeal was found not maintainable due to violating CBDT Instruction No. 2 of 2005, which limits appeals based on tax effect. The Tribunal upheld the assessee's entitlement to deduction u/s 80-IB for manufacturing activities. The notice u/s 148 was deemed invalid as it was issued after four years and constituted a change of opinion. The addition for low household withdrawals was upheld but became irrelevant due to the invalid notice. The Department's appeal was dismissed, and the assessee's cross-objection was partly allowed. en-us Mon, 30 Jun 2008 00:00:00 +0530 Tue, 07 Aug 2012 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68245 The Revenue's appeal was found not maintainable due to violating CBDT Instruction No. 2 of 2005, which limits appeals based on tax effect. The Tribunal upheld the assessee's entitlement to deduction u/s 80-IB for manufacturing activities. The notice u/s 148 was deemed invalid as it was issued after four years and constituted a change of opinion. The addition for low household withdrawals was upheld but became irrelevant due to the invalid notice. The Department's appeal was dismissed, and the assessee's cross-objection was partly allowed. Case-Laws Income Tax Mon, 30 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68245