Kimaya Singh (Student) 20 September 2011
My company was given deduction under 80IA in 2006-07 by AO under 143(3). In 2007-08, assessment under 153 A was initiated-nothing was found but the deduction was taken away. CIT A disallowed the deduction but ITAT confirmed it. Can the AO rightly take away deduction once given?
Sachin Agarwal (Propritor) 22 September 2011
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