https://www.taxtmi.com/caselaws?id=68699 The Tribunal allowed the assessee's appeal, setting aside the order of the learned CIT(A) and holding that the Assessing Officer's rectification under section 154 was within jurisdiction and justified based on the retrospective amendments. The entire sale proceeds of DEPB were to be considered as income for the purpose of deduction under section 80HHC, and the retrospective amendments were applicable to the assessment year in question. en-us Thu, 29 May 2008 00:00:00 +0530 Tue, 07 Aug 2012 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68699 The Tribunal allowed the assessee's appeal, setting aside the order of the learned CIT(A) and holding that the Assessing Officer's rectification under section 154 was within jurisdiction and justified based on the retrospective amendments. The entire sale proceeds of DEPB were to be considered as income for the purpose of deduction under section 80HHC, and the retrospective amendments were applicable to the assessment year in question. Case-Laws Income Tax Thu, 29 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68699