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No reassessment after 4 years just because deduction u/s 80-IB was wrongly claimed by assessee

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  • No reassessment after 4 years just because deduction u/s 80-IB was wrongly claimed by assessee
Posted onon July 11, 2018

Tenet Tax Daily July 07 2018

By tenettax-team
Corporate Tax

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ITAT justified rejection of sec. 10(23C) approval as primary object of society was non-educational activity
Appeal couldn’t be barred by limitation in absence of evidence that ITAT’s order was served on revenue authority

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