https://www.taxtmi.com/caselaws?id=178768 The Appellate Tribunal upheld the denial of deduction under section 80IA for Wind mill activity profits and dismissed the appeals for assessment years 2002-03 and 2003-04. It emphasized the necessity of computing profits from eligible businesses separately and adhering to the specific provisions of the Income Tax Act. Additionally, the Tribunal ruled against the assessee regarding the validity of initiating proceedings under section 147/148 for assessment year 2002-03, rejecting the argument of a "change of opinion" due to the acceptance of the claim in a previous assessment year. en-us Mon, 31 Jan 2011 00:00:00 +0530 Mon, 01 May 2023 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178768 The Appellate Tribunal upheld the denial of deduction under section 80IA for Wind mill activity profits and dismissed the appeals for assessment years 2002-03 and 2003-04. It emphasized the necessity of computing profits from eligible businesses separately and adhering to the specific provisions of the Income Tax Act. Additionally, the Tribunal ruled against the assessee regarding the validity of initiating proceedings under section 147/148 for assessment year 2002-03, rejecting the argument of a "change of opinion" due to the acceptance of the claim in a previous assessment year. Case-Laws Income Tax Mon, 31 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178768