https://www.taxtmi.com/caselaws?id=205386 The High Court dismissed the Revenue's appeal against the Tribunal's order regarding rectification under Section 154 of the Income-tax Act for the assessment year 2003-04. The Court held that the Assessing Authority's rectification of the assessee's claim under Section 80HHC for the remaining 10% of profits was not a double deduction and was a valid interpretation, not an error apparent on the face of the record. The Court concluded that there was no prohibition on claiming deductions under Section 80HHC alongside benefits under Section 10A, leading to the dismissal of the appeal with no costs awarded. en-us Mon, 02 Aug 2010 00:00:00 +0530 Sat, 11 Jun 2011 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205386 The High Court dismissed the Revenue's appeal against the Tribunal's order regarding rectification under Section 154 of the Income-tax Act for the assessment year 2003-04. The Court held that the Assessing Authority's rectification of the assessee's claim under Section 80HHC for the remaining 10% of profits was not a double deduction and was a valid interpretation, not an error apparent on the face of the record. The Court concluded that there was no prohibition on claiming deductions under Section 80HHC alongside benefits under Section 10A, leading to the dismissal of the appeal with no costs awarded. Case-Laws Income Tax Mon, 02 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205386