Wednesday, November 12, 2014

[aaykarbhavan] AO couldn't make reassessment to disallow sec. 80-IA relief if such issue was considered during assessment



AO couldn't make reassessment to disallow sec. 80-IA relief if such issue was considered during assessment

November 13, 2014[2014] 50 taxmann.com 48 (Bombay)/[2014] 364 ITR 222 (Bombay)
IT: Where issue of deduction under section 80-IA was discussed and deliberated by Assessing officer during regular scrutiny proceedings and responded to by assessee, merely because issue was not discussed in assessment order would not lead to reopening of assessment
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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