In the result, the appeal of the assessee is partly allowed for the statistical purposes
Bench: Ms Suchitra Kamble & Shri Waseem Ahmedआयकरअपीलसं./Ita No. 708/Ahd/2023 धििाधरणवरध/Asstt. Year: 2014-2015 Chirpal Industries Limited, D.C.I.T, Chirpal House, Vs. Circle-1(1)(2), Shivranjani Cross Road, Ahmedabad. Satellight, Ahmedabad-380015. Pan: Aaacc8513B
reassessment proceedings u/s.148 of the Act which was initiated based on no new set of facts and was merely in form of review of Assessment Order earlier passed u/s.143(3) of the Act in respect of the year under consideration. 2.1 All relevant details pertaining to the claim of deduction 80IA of the Act had duly been brought on record