Court Rules Reassessment u/s 147 Invalid Due to Procedural Errors; Deductions u/s 80-IA Involved.

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....Reopening of assessment u/s 147 - Deduction u/s 80-IA - Without any application of mind, the Assessing Officer re-opened the assessment under the pretext that income has escaped assessment and passed the reassessment order under Section 147, which is a patent error committed by the Assessing Officer. - HC....