https://www.taxtmi.com/caselaws?id=310840 The Tribunal ruled in favor of the assessee, setting aside the reopening of assessments for 2004-05, 2005-06, and 2006-07 under section 147, as it was deemed a change of opinion without tangible material. Additionally, the Tribunal upheld the assessee's eligibility for deduction under section 80IA for the BOT project at Tuticorin Port, confirming that all conditions were met, including significant investment and registration in India. The Tribunal directed the Assessing Officer to grant the deduction for the relevant years. The decisions were issued on December 6, 2012, in Chennai. en-us Thu, 06 Dec 2012 00:00:00 +0530 Tue, 21 Nov 2023 18:27:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310840 The Tribunal ruled in favor of the assessee, setting aside the reopening of assessments for 2004-05, 2005-06, and 2006-07 under section 147, as it was deemed a change of opinion without tangible material. Additionally, the Tribunal upheld the assessee's eligibility for deduction under section 80IA for the BOT project at Tuticorin Port, confirming that all conditions were met, including significant investment and registration in India. The Tribunal directed the Assessing Officer to grant the deduction for the relevant years. The decisions were issued on December 6, 2012, in Chennai. Case-Laws Income Tax Thu, 06 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310840