https://www.taxtmi.com/caselaws?id=61652 The Appellate Tribunal allowed the appeal, overturning the decisions of the Assessing Officer and the CIT(A). The Tribunal held that deductions under sections 80HH and 80-I should be calculated on the gross total income before the deduction under section 80HHC, even if the income is entirely exempt under section 80HHC. The Assessing Officer's error in allowing deductions on income post 80HHC deduction was considered a legal mistake, justifying rectification under section 154. Consequently, the Tribunal directed the AO to allow deductions under sections 80HH and 80-I on the gross total income before the 80HHC deduction, resulting in a favorable outcome for the assessee. en-us Tue, 07 Jan 2003 00:00:00 +0530 Thu, 13 Jan 2011 17:37:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61652 The Appellate Tribunal allowed the appeal, overturning the decisions of the Assessing Officer and the CIT(A). The Tribunal held that deductions under sections 80HH and 80-I should be calculated on the gross total income before the deduction under section 80HHC, even if the income is entirely exempt under section 80HHC. The Assessing Officer's error in allowing deductions on income post 80HHC deduction was considered a legal mistake, justifying rectification under section 154. Consequently, the Tribunal directed the AO to allow deductions under sections 80HH and 80-I on the gross total income before the 80HHC deduction, resulting in a favorable outcome for the assessee. Case-Laws Income Tax Tue, 07 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61652