https://www.taxtmi.com/caselaws?id=425648 The Tribunal ruled in favor of the assessee, allowing the deduction under section 80IB(10) for both assessment years 2007-08 and 2008-09. The reopening of assessments under section 147 was deemed invalid due to full disclosure of material facts by the assessee during the original assessment. The appeals were allowed, and the assessee was entitled to the claimed deductions. en-us Fri, 17 Jun 2022 00:00:00 +0530 Thu, 28 Jul 2022 09:12:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425648 The Tribunal ruled in favor of the assessee, allowing the deduction under section 80IB(10) for both assessment years 2007-08 and 2008-09. The reopening of assessments under section 147 was deemed invalid due to full disclosure of material facts by the assessee during the original assessment. The appeals were allowed, and the assessee was entitled to the claimed deductions. Case-Laws Income Tax Fri, 17 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425648