https://www.taxtmi.com/caselaws?id=122241 The tribunal allowed the revenue's appeal, concluding that the CIT(A) erred in permitting the additional claim by the assessee related to the computation of book profit under section 115JA. The tribunal emphasized that assessments made under section 263 are solely for the revenue's benefit, and the assessee cannot seek new benefits in such proceedings. Therefore, the tribunal ruled that the claim could not be entertained at the assessment stage following a section 263 order. en-us Fri, 14 May 2010 00:00:00 +0530 Thu, 09 Aug 2012 16:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122241 The tribunal allowed the revenue's appeal, concluding that the CIT(A) erred in permitting the additional claim by the assessee related to the computation of book profit under section 115JA. The tribunal emphasized that assessments made under section 263 are solely for the revenue's benefit, and the assessee cannot seek new benefits in such proceedings. Therefore, the tribunal ruled that the claim could not be entertained at the assessment stage following a section 263 order. Case-Laws Income Tax Fri, 14 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122241