https://www.taxtmi.com/caselaws?id=126807 The court quashed the notice issued under Section 148 of the Income-tax Act, 1961, along with subsequent proceedings. The court found the notice invalid as it was issued beyond the four-year period and failed to meet the conditions for reopening assessment. The petitioner's compliance with deduction requirements under Section 80-IB(4) was upheld, and no failure to disclose material facts for assessment was found. The court ruled in favor of the petitioner, setting aside all impugned actions and allowing the petition with no costs. en-us Mon, 05 Apr 2010 00:00:00 +0530 Sat, 19 Jan 2013 13:13:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126807 The court quashed the notice issued under Section 148 of the Income-tax Act, 1961, along with subsequent proceedings. The court found the notice invalid as it was issued beyond the four-year period and failed to meet the conditions for reopening assessment. The petitioner's compliance with deduction requirements under Section 80-IB(4) was upheld, and no failure to disclose material facts for assessment was found. The court ruled in favor of the petitioner, setting aside all impugned actions and allowing the petition with no costs. Case-Laws Income Tax Mon, 05 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126807