https://www.taxtmi.com/caselaws?id=336912 The court quashed the reassessment proceedings and notice under Section 148 for the Assessment Year 2010-11, ruling that the Assessing Officer was not justified in reopening the assessment beyond the four-year limit. The court relied on a precedent where it was held that the deduction under Section 80IA cannot be denied solely based on the absence of separate documents if the taxpayer is entitled to the deduction. The decision was based on consistency with a previous case and the lack of valid grounds for reopening the assessment. en-us Mon, 19 Dec 2016 00:00:00 +0530 Fri, 30 Dec 2016 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336912 The court quashed the reassessment proceedings and notice under Section 148 for the Assessment Year 2010-11, ruling that the Assessing Officer was not justified in reopening the assessment beyond the four-year limit. The court relied on a precedent where it was held that the deduction under Section 80IA cannot be denied solely based on the absence of separate documents if the taxpayer is entitled to the deduction. The decision was based on consistency with a previous case and the lack of valid grounds for reopening the assessment. Case-Laws Income Tax Mon, 19 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336912