https://www.taxtmi.com/caselaws?id=211907 The Tribunal upheld the reopening of assessment for AY 2000-01 under Section 147/148, citing Explanation 2(c)(iv) to Section 147. The Tribunal also allowed the extension of the scope of inquiry during reassessment under Explanation 3 to Section 147. The disallowance of deductions under Sections 80HHB and 80HHC was upheld due to non-compliance with statutory requirements. Additionally, the taxability of foreign income in India was affirmed under the respective DTAAs, rejecting the assessee's arguments. The Tribunal dismissed all grounds of appeal raised by the assessee, upholding the CIT (Appeals) orders on all issues. en-us Thu, 29 Mar 2012 00:00:00 +0530 Fri, 24 May 2013 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211907 The Tribunal upheld the reopening of assessment for AY 2000-01 under Section 147/148, citing Explanation 2(c)(iv) to Section 147. The Tribunal also allowed the extension of the scope of inquiry during reassessment under Explanation 3 to Section 147. The disallowance of deductions under Sections 80HHB and 80HHC was upheld due to non-compliance with statutory requirements. Additionally, the taxability of foreign income in India was affirmed under the respective DTAAs, rejecting the assessee's arguments. The Tribunal dismissed all grounds of appeal raised by the assessee, upholding the CIT (Appeals) orders on all issues. Case-Laws Income Tax Thu, 29 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211907