https://www.taxtmi.com/caselaws?id=397534 The High Court upheld the Director's decision to invoke Section 263 of the Income Tax Act due to the lack of enquiry by the Assessing Officer. It directed a fresh assessment of the deduction claim under Section 80IB(10) by the Assessing Officer, emphasizing that the Tribunal erred in law by setting aside the Section 263 order and addressing the merits of the case. The appeal was disposed of with these directions. en-us Tue, 18 Aug 2020 00:00:00 +0530 Tue, 17 Nov 2020 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397534 The High Court upheld the Director's decision to invoke Section 263 of the Income Tax Act due to the lack of enquiry by the Assessing Officer. It directed a fresh assessment of the deduction claim under Section 80IB(10) by the Assessing Officer, emphasizing that the Tribunal erred in law by setting aside the Section 263 order and addressing the merits of the case. The appeal was disposed of with these directions. Case-Laws Income Tax Tue, 18 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397534