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TMI Blog2013 (4) TMI 12X X X X Extracts X X X X X X X X Extracts X X X X ..... Held that :- During the course of assessment proceedings the Income-tax Officer has raised certain queries with regard to deductions, which were replied by the assessee and in the assessment order in paragraph 4.1 the Assessing Officer has dealt with the question of grant of deduction and has allowed deductions. - The reasons given for reopening the assessment and the notice issued under section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... een filed challenging the notice dated August 6,2010, issued by the Assistant Commissioner, Income-tax Circle II, Jamnagar, to the petitioner that for the assessment year 2007-08 the income chargeable to tax has escaped assessment within the meaning of section 147 of the Income-tax Act, 1961 (for short "the Act"). Reasons for reopening the assessment order dated October 14, 2008, were mentioned by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar deductions were allowed which was against the provisions of section 10B(2) of the Act and, therefore, the assessee was not entitled for deduction under section 10B of the Act. 5. During the course of assessment proceedings the Income-tax Officer has raised certain queries with regard to deductions, which were replied by the assessee and in the assessment order in paragraph 4.1 the Assessing O ..... X X X X Extracts X X X X X X X X Extracts X X X X
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