https://www.taxtmi.com/caselaws?id=186543 The court partly allowed the petition, sustaining the notice of reopening on the first ground of diversion of profit by transfer of technology but not on the second ground of allocation of R&D expenses. The Assessing Officer was permitted to proceed with the reassessment proceedings on the first ground without being influenced by the court's observations on the second ground. The interim relief granted in favor of the assessee concerning the second ground was confirmed. en-us Mon, 29 Jul 2013 00:00:00 +0530 Tue, 28 Feb 2017 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186543 The court partly allowed the petition, sustaining the notice of reopening on the first ground of diversion of profit by transfer of technology but not on the second ground of allocation of R&D expenses. The Assessing Officer was permitted to proceed with the reassessment proceedings on the first ground without being influenced by the court's observations on the second ground. The interim relief granted in favor of the assessee concerning the second ground was confirmed. Case-Laws Income Tax Mon, 29 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186543