https://www.taxtmi.com/caselaws?id=399968 The court held that the Assessing Officer does not have jurisdiction to re-examine approvals granted by the prescribed authority for Section 80IB-8A deductions. It emphasized the prescribed authority's competence in assessing technical requirements and upheld that only the prescribed authority, not the Assessing Officer, can review compliance with Rule 18DA conditions. The judgment favored the assessee, affirming the validity of approvals obtained from the prescribed authority and restricting the Assessing Officer's authority in evaluating such approvals for deduction purposes. en-us Wed, 14 Oct 2020 00:00:00 +0530 Fri, 13 Aug 2021 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399968 The court held that the Assessing Officer does not have jurisdiction to re-examine approvals granted by the prescribed authority for Section 80IB-8A deductions. It emphasized the prescribed authority's competence in assessing technical requirements and upheld that only the prescribed authority, not the Assessing Officer, can review compliance with Rule 18DA conditions. The judgment favored the assessee, affirming the validity of approvals obtained from the prescribed authority and restricting the Assessing Officer's authority in evaluating such approvals for deduction purposes. Case-Laws Income Tax Wed, 14 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399968