https://www.taxtmi.com/caselaws?id=210844 The Tribunal upheld the validity of re-opening the case under Section 148 of the IT Act, 1961, due to income escapement from incorrect deduction claims. It also affirmed the correct computation of deduction under Section 80HHC after reducing the deduction allowed under Section 80IB, in line with legal interpretations and precedents. The appeal challenging these decisions was dismissed, supporting the lower authorities' rulings. en-us Wed, 04 Jan 2012 00:00:00 +0530 Thu, 23 Feb 2012 08:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210844 The Tribunal upheld the validity of re-opening the case under Section 148 of the IT Act, 1961, due to income escapement from incorrect deduction claims. It also affirmed the correct computation of deduction under Section 80HHC after reducing the deduction allowed under Section 80IB, in line with legal interpretations and precedents. The appeal challenging these decisions was dismissed, supporting the lower authorities' rulings. Case-Laws Income Tax Wed, 04 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210844