https://www.taxtmi.com/caselaws?id=263936 The Tribunal dismissed the revenue's appeal, confirming the CIT (A)'s decision to quash the assessment order. The reopening of the assessment under section 148 was deemed invalid as it was based on borrowed satisfaction from an audit objection without independent material. Consequently, the Tribunal did not address the merits of the treatment of various incomes for the purpose of deduction under section 10B. en-us Fri, 17 Jul 2015 00:00:00 +0530 Mon, 14 Sep 2015 06:57:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263936 The Tribunal dismissed the revenue's appeal, confirming the CIT (A)'s decision to quash the assessment order. The reopening of the assessment under section 148 was deemed invalid as it was based on borrowed satisfaction from an audit objection without independent material. Consequently, the Tribunal did not address the merits of the treatment of various incomes for the purpose of deduction under section 10B. Case-Laws Income Tax Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263936