https://www.taxtmi.com/caselaws?id=286787 The Tribunal dismissed the revenue's appeal, upholding the Ld. CIT(A)'s order that quashed the reopening of the assessment under Section 147 of the Income-tax Act, 1961. The Tribunal found that the reopening lacked new tangible material and was akin to a review, not permissible under law. Additionally, the Tribunal upheld the eligibility of the assessee for deductions under Sections 80IA and 80IC, referencing legal precedents. The appeal was dismissed on 10th January 2018. en-us Wed, 10 Jan 2018 00:00:00 +0530 Sat, 21 Mar 2020 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286787 The Tribunal dismissed the revenue's appeal, upholding the Ld. CIT(A)'s order that quashed the reopening of the assessment under Section 147 of the Income-tax Act, 1961. The Tribunal found that the reopening lacked new tangible material and was akin to a review, not permissible under law. Additionally, the Tribunal upheld the eligibility of the assessee for deductions under Sections 80IA and 80IC, referencing legal precedents. The appeal was dismissed on 10th January 2018. Case-Laws Income Tax Wed, 10 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286787