https://www.taxtmi.com/caselaws?id=395457 The court held that the reopening of assessments to deny the deduction under Section 80IB was without jurisdiction. The respondent lacked the authority to disturb the deductions allowed in the original assessments as the petitioner had fully disclosed all necessary materials. However, the respondent was permitted to investigate other aspects under Explanation 3 to Section 147. The court directed the petitioner to participate in the proceedings, with the respondent instructed to conclude them within three months. The writ petitions were disposed of accordingly, with no costs awarded. en-us Tue, 19 May 2020 00:00:00 +0530 Mon, 31 Aug 2020 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395457 The court held that the reopening of assessments to deny the deduction under Section 80IB was without jurisdiction. The respondent lacked the authority to disturb the deductions allowed in the original assessments as the petitioner had fully disclosed all necessary materials. However, the respondent was permitted to investigate other aspects under Explanation 3 to Section 147. The court directed the petitioner to participate in the proceedings, with the respondent instructed to conclude them within three months. The writ petitions were disposed of accordingly, with no costs awarded. Case-Laws Income Tax Tue, 19 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395457