https://www.taxtmi.com/caselaws?id=218008 The tribunal upheld the reopening of assessment for the year 1999-2000, citing the validity of such action under Section 148. Deductions under Sections 80HHD and 80IB were allowed based on specific criteria, while deductions under Section 80-IA were remanded for reassessment. Interest under Section 234C was upheld, and denial of deductions under Section 80IB for years with losses was affirmed. The deduction of carry forward depreciation under Section 115JB was denied, and the validity of simultaneous actions under Sections 154 and 147 was upheld for the year 2002-03. Appeals for various assessment years had mixed outcomes. en-us Thu, 25 Oct 2012 00:00:00 +0530 Tue, 30 Oct 2012 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218008 The tribunal upheld the reopening of assessment for the year 1999-2000, citing the validity of such action under Section 148. Deductions under Sections 80HHD and 80IB were allowed based on specific criteria, while deductions under Section 80-IA were remanded for reassessment. Interest under Section 234C was upheld, and denial of deductions under Section 80IB for years with losses was affirmed. The deduction of carry forward depreciation under Section 115JB was denied, and the validity of simultaneous actions under Sections 154 and 147 was upheld for the year 2002-03. Appeals for various assessment years had mixed outcomes. Case-Laws Income Tax Thu, 25 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218008