https://www.taxtmi.com/caselaws?id=178884 The ITAT upheld the eligibility of the assessee to claim deduction under section 35(2AB) of the Income Tax Act, 1961. The appeals filed by the revenue challenging this deduction were dismissed. The reopening of assessments for A.Y. 2002-03 and 2004-05 was quashed due to a change of opinion by the Assessing Officer. The judgment on September 24th, 2010, favored the assessee, affirming their right to the deduction and rejecting the revenue's appeals. en-us Fri, 24 Sep 2010 00:00:00 +0530 Mon, 15 Feb 2016 18:06:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178884 The ITAT upheld the eligibility of the assessee to claim deduction under section 35(2AB) of the Income Tax Act, 1961. The appeals filed by the revenue challenging this deduction were dismissed. The reopening of assessments for A.Y. 2002-03 and 2004-05 was quashed due to a change of opinion by the Assessing Officer. The judgment on September 24th, 2010, favored the assessee, affirming their right to the deduction and rejecting the revenue's appeals. Case-Laws Income Tax Fri, 24 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178884