https://www.taxtmi.com/caselaws?id=216478 The Tribunal ruled in favor of the assessee, holding that the reopening of the assessment under Section 148 after four years was not justified as there was no failure to disclose all material facts. The Tribunal did not address the disallowance of deductions under Section 80-IB for Duty Drawback and DEPB Licence sales due to the jurisdictional ground. The appeal by the assessee was partly allowed. en-us Mon, 25 Jun 2012 00:00:00 +0530 Thu, 23 Aug 2012 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216478 The Tribunal ruled in favor of the assessee, holding that the reopening of the assessment under Section 148 after four years was not justified as there was no failure to disclose all material facts. The Tribunal did not address the disallowance of deductions under Section 80-IB for Duty Drawback and DEPB Licence sales due to the jurisdictional ground. The appeal by the assessee was partly allowed. Case-Laws Income Tax Mon, 25 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216478