https://www.taxtmi.com/caselaws?id=351267 The Tribunal partly allowed the appeal for statistical purposes, setting aside the assessment order and directing the Assessing Officer to dispose of the objections by a separate speaking order. The Tribunal upheld the validity of the reopening of the assessment and the notice issued, emphasizing that deductions under Section 80IB cannot be allowed if found unsustainable in law, even if initially allowed. The Tribunal instructed the AO to make a fresh assessment if objections were rejected, following due process. en-us Wed, 08 Nov 2017 00:00:00 +0530 Wed, 22 Nov 2017 08:25:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351267 The Tribunal partly allowed the appeal for statistical purposes, setting aside the assessment order and directing the Assessing Officer to dispose of the objections by a separate speaking order. The Tribunal upheld the validity of the reopening of the assessment and the notice issued, emphasizing that deductions under Section 80IB cannot be allowed if found unsustainable in law, even if initially allowed. The Tribunal instructed the AO to make a fresh assessment if objections were rejected, following due process. Case-Laws Income Tax Wed, 08 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351267