https://www.taxtmi.com/caselaws?id=369301 The High Court upheld the initiation of reassessment proceedings under Section 148, confirming the AO's action. However, the issue of eligibility for deduction under Section 10BA on DEPB and DDB was remanded back to the AO for reconsideration without expressing an opinion on the merits. The appeal was allowed in part, with the court setting aside the judgments to the extent of the second issue. en-us Wed, 26 Sep 2018 00:00:00 +0530 Wed, 24 Oct 2018 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369301 The High Court upheld the initiation of reassessment proceedings under Section 148, confirming the AO's action. However, the issue of eligibility for deduction under Section 10BA on DEPB and DDB was remanded back to the AO for reconsideration without expressing an opinion on the merits. The appeal was allowed in part, with the court setting aside the judgments to the extent of the second issue. Case-Laws Income Tax Wed, 26 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369301