https://www.taxtmi.com/caselaws?id=247740 The High Court upheld the Tribunal's decision, affirming the validity of re-opening the assessment under Section 148 of the Income Tax Act. The Court found that the re-opening was justified as the Assessee met the criteria for deductions under Section 80IB(10) and failed to provide new material to challenge the assessment. The notice u/s 148 was deemed valid and not solely based on a change of opinion. The Appeal was dismissed, with each party bearing their own costs. en-us Tue, 08 Apr 2014 00:00:00 +0530 Wed, 21 May 2014 11:18:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247740 The High Court upheld the Tribunal's decision, affirming the validity of re-opening the assessment under Section 148 of the Income Tax Act. The Court found that the re-opening was justified as the Assessee met the criteria for deductions under Section 80IB(10) and failed to provide new material to challenge the assessment. The notice u/s 148 was deemed valid and not solely based on a change of opinion. The Appeal was dismissed, with each party bearing their own costs. Case-Laws Income Tax Tue, 08 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247740