https://www.taxtmi.com/caselaws?id=215298 The court granted interim reliefs to petitioners challenging a notice under section 148 of the Income Tax Act and an order regarding reassessment proceedings for claiming a deduction under section 80IA(4) for their container freight station undertaking. The court emphasized the necessity of valid grounds for denying deductions in subsequent years after relief was granted in the initial assessment year, citing judicial precedents to ensure fair treatment for taxpayers in reassessment proceedings. en-us Thu, 05 Jul 2012 00:00:00 +0530 Tue, 31 Jul 2012 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215298 The court granted interim reliefs to petitioners challenging a notice under section 148 of the Income Tax Act and an order regarding reassessment proceedings for claiming a deduction under section 80IA(4) for their container freight station undertaking. The court emphasized the necessity of valid grounds for denying deductions in subsequent years after relief was granted in the initial assessment year, citing judicial precedents to ensure fair treatment for taxpayers in reassessment proceedings. Case-Laws Income Tax Thu, 05 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215298