https://www.taxtmi.com/caselaws?id=410358 The Tribunal held that the Principal Commissioner's order revising the reassessment under section 143(3) r.w.s. 147 was unsustainable. The reassessment focused on disallowing specific expenditure, and the issue of deduction under section 80IA was beyond its scope. The Tribunal quashed the order, emphasizing that reassessment is limited to assessing escaped income, not issues already addressed. en-us Thu, 29 Jul 2021 00:00:00 +0530 Thu, 16 Sep 2021 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410358 The Tribunal held that the Principal Commissioner's order revising the reassessment under section 143(3) r.w.s. 147 was unsustainable. The reassessment focused on disallowing specific expenditure, and the issue of deduction under section 80IA was beyond its scope. The Tribunal quashed the order, emphasizing that reassessment is limited to assessing escaped income, not issues already addressed. Case-Laws Income Tax Thu, 29 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410358