https://www.taxtmi.com/caselaws?id=390104 The case involved issues regarding the legality of re-opening assessments under Section 147 of the Income Tax Act, the validity of re-assessment notices, the applicability of Section 80IA deduction, and the impact of Circular No.17/2019 on tax appeals. The Commissioner of Income-Tax (Appeals) held that the assessment could not be reopened after the expiry of four years from the end of the assessment year. The Income Tax Appellate Tribunal found the re-assessment notice issued without due application of mind and without jurisdiction. The judgment provided clarity on these legal matters within the framework of the Income Tax Act and relevant judicial precedents. en-us Tue, 12 Nov 2019 00:00:00 +0530 Mon, 23 Dec 2019 17:22:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390104 The case involved issues regarding the legality of re-opening assessments under Section 147 of the Income Tax Act, the validity of re-assessment notices, the applicability of Section 80IA deduction, and the impact of Circular No.17/2019 on tax appeals. The Commissioner of Income-Tax (Appeals) held that the assessment could not be reopened after the expiry of four years from the end of the assessment year. The Income Tax Appellate Tribunal found the re-assessment notice issued without due application of mind and without jurisdiction. The judgment provided clarity on these legal matters within the framework of the Income Tax Act and relevant judicial precedents. Case-Laws Income Tax Tue, 12 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390104