https://www.taxtmi.com/caselaws?id=390106 The court concluded that the reopening of the assessment for AY 2009-10 under Section 147, read with Section 150, was valid and within the limitation period. The court dismissed the petition, allowing the AO to proceed with the reassessment. The petitioner was granted the opportunity to present fresh material and evidence during the reassessment proceedings to justify the deduction claim under Section 80-IC for AY 2009-10. The interim order dated 8th May 2019 was vacated. en-us Mon, 16 Dec 2019 00:00:00 +0530 Wed, 19 Aug 2020 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390106 The court concluded that the reopening of the assessment for AY 2009-10 under Section 147, read with Section 150, was valid and within the limitation period. The court dismissed the petition, allowing the AO to proceed with the reassessment. The petitioner was granted the opportunity to present fresh material and evidence during the reassessment proceedings to justify the deduction claim under Section 80-IC for AY 2009-10. The interim order dated 8th May 2019 was vacated. Case-Laws Income Tax Mon, 16 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390106