Assessment Reopened u/s 147: Assessing Officer Exceeded Jurisdiction in IT Business Deduction u/s 80-IC.

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....Reopening of assessment u/s 147 - deduction u/s 80-IC - requirement of NIC code and Excise Classification for information technology business - The question is not whether the action taken is in good faith or not. What is important is that the AO has exceeded its jurisdiction erroneously.....