https://www.taxtmi.com/caselaws?id=243185 The Tribunal upheld the validity of the reassessment initiated by the AO under section 147 regarding the deduction under section 80HHC for Book Profit determination under section 115JB for the Assessment Year 2005-06. The reassessment was deemed justified due to a legal position change following a retrospective amendment in 2011, despite the assessee's argument of a change of opinion. The Tribunal dismissed the appeal on January 24, 2014. en-us Fri, 24 Jan 2014 00:00:00 +0530 Mon, 27 Jan 2014 21:43:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243185 The Tribunal upheld the validity of the reassessment initiated by the AO under section 147 regarding the deduction under section 80HHC for Book Profit determination under section 115JB for the Assessment Year 2005-06. The reassessment was deemed justified due to a legal position change following a retrospective amendment in 2011, despite the assessee's argument of a change of opinion. The Tribunal dismissed the appeal on January 24, 2014. Case-Laws Income Tax Fri, 24 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243185