https://www.taxtmi.com/caselaws?id=179899 The appeal under section 260A of the Income-tax Act, 1961 against the Income-tax Appellate Tribunal's order for the assessment year 1991-92 was dismissed. The Court upheld the validity of the notice issued under section 148 for re-assessment, considering the law applicable at the time. The re-assessment was deemed valid due to a retrospective amendment, rendering the deductions disallowed by the Assessing Officer legally sound. The appellant's challenge to the re-opening of assessment post Supreme Court's ruling was rejected as no substantial question of law emerged from the Tribunal's decision. en-us Fri, 25 Jul 2008 00:00:00 +0530 Fri, 11 Mar 2016 16:25:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179899 The appeal under section 260A of the Income-tax Act, 1961 against the Income-tax Appellate Tribunal's order for the assessment year 1991-92 was dismissed. The Court upheld the validity of the notice issued under section 148 for re-assessment, considering the law applicable at the time. The re-assessment was deemed valid due to a retrospective amendment, rendering the deductions disallowed by the Assessing Officer legally sound. The appellant's challenge to the re-opening of assessment post Supreme Court's ruling was rejected as no substantial question of law emerged from the Tribunal's decision. Case-Laws Income Tax Fri, 25 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179899