https://www.taxtmi.com/caselaws?id=441250 The HC allowed the assessee's appeal, overturning the Tribunal and PCIT's orders. The court restored the assessment order, ruling in favor of the assessee. It emphasized that the AO could not revisit the claim for substantial expansion in subsequent years without altering the initial year's relief, as the initial claim was accepted and undisputed. en-us Wed, 02 Aug 2023 00:00:00 +0530 Thu, 11 Jan 2024 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441250 The HC allowed the assessee's appeal, overturning the Tribunal and PCIT's orders. The court restored the assessment order, ruling in favor of the assessee. It emphasized that the AO could not revisit the claim for substantial expansion in subsequent years without altering the initial year's relief, as the initial claim was accepted and undisputed. Case-Laws Income Tax Wed, 02 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441250